|Exhibit 10(www)


ADMINISTRATORS FOR THE
PROFESSIONS, INC.                                 111 East Shore Road
                                 Manhasset, New York 11030
                          Phone: (516) 365-6690, Facsimile: (516) 365-7522



February 5, 2003




VIA UNITED PARCEL SERVICE


Anthony J. Bonomo
111 East Shore Road
Manhasset, NY 11030


Re:
      Compensation Payments


Dear Anthony:


Administrators
 for the  Professions,  Inc.  (AFP) and you (Bonomo) are parties to an Employment
 Agreement dated as of January 1, 1999 (the  Employment  Agreement).  Terms used in
this  letter  agreement  without  definition  that are defined in the Employment
Agreement have the same meaning in this letter agreement as in the Employment Agreement.


Section
 2(d) of the  Employment  Agreement  provides  that AFP may at its  discretion  (by
 resolution  of AFPs  Board of Directors and upon approval by FPIC Insurance Group, Inc.
(FPIC)) pay Bonomo additional  compensation for outstanding  performance (such
 compensation  payable  under  Section  2(d)  of  the  Employment  Agreement  being
 hereinafter  referred  to as  Additional Compensation).  AFP and Bonomo  acknowledge
and agree that (i) beginning in 2002, AFP and FPIC will annually  consider  whether any
Additional  Compensation  is to be paid to Bonomo and (ii) all Additional  Compensation
 paid to Bonomo will be credited as a direct dollar for dollar  offset  against  any
amounts  that may become due and  payable to Bonomo  under  Section  2(g) of the
 Employment Agreement,  whether as a Special  Performance  Incentive,  a Partial
Incentive,  a Remainder  Incentive or otherwise  (Section 2(g) Payments).  AFP and
Bonomo each acknowledge hereby that no Section 2(g) Payments currently are due.


Except
as specifically  provided in this letter  agreement,  the Employment  Agreement  remains
in full force and effect in accordance with its terms.


AFP
and Bonomo have  acknowledged  their  agreement to the terms set forth in this letter by
 executing  this letter in the below indicated spaces.



(Signatures continue on
next page)


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|Anthony J. Bonomo
February 5, 2003
Page 2
|-----------------------------------------

| | Yours truly,
Administrators for the Professions, Inc.
Roberta Goes Cown
Assistant Secretary
Administrators for the Professions, Inc.
and
Senior Vice President and Corporate Counsel
FPIC Insurance Group, Inc.
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Agreed:


Anthony J. Bonomo
AFP/Letters/2002/Bonomo Letter Agreement


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