------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Thorpe Kim D. -------------------------------------------------------------------------------- (Last) (First) (Middle) 225 Water Street, Suite 1400 -------------------------------------------------------------------------------- (Street) Jacksonville FL 32202 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol FPIC Insurance Group, Inc. (FPIC) ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year November 26, 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Executive Vice President and Chief Financial Officer ---------------------------------------------------- ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by one Reporting Person [_] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================

5. Amount of Securities 6. 4. 5.Beneficially Owner- Securities Acquired (A) or ~~Amount~~Owned of ship 2A. 3. Disposed of (D) ~~Securities~~Following Form: 7. 2. Deemed Transaction (Instr. 3, 4 and 5) ~~Beneficially~~Reported Direct Nature of 2.Trans- Execution Code ------------------------------- ~~Owned~~Trans- ~~at End~~ (D) or Indirect 1. ~~Transaction~~action Date, (Instr. 8) (A) ofaction(s) ~~Month~~ Indirect Beneficial Title of Security Date if any ------------ ~~Amount~~ or ~~Price~~ (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) ~~and~~Price 3 & 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 811/1926/02 P V 1,000 A $95.5099 ~~1,000~~ D ------------------------------------------------------------------------------------------------------------------------------------ ~~------------------------------------------------------------------------------------------------------------------------------------~~Common ~~------------------------------------------------------------------------------------------------------------------------------------~~Stock ~~------------------------------------------------------------------------------------------------------------------------------------~~11/26/02 P V 300 A $5.989 5,600 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

* If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) (Over) (Form 4-07/98) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

10. 9. Owner- Number ship of Deriv- Form 2. ~~Deriv-~~ative of Conver- 5. 7. ~~ative~~Secur- Deriv- 11. sion Number of Title and Amount ~~Secur-~~ities ative Nature or 3A. Derivative 6. of Underlying 8. ~~ities~~Bene- Secur- of Exer- Deemed 4. Securities Date Securities Price ~~Bene-~~ficially ity: In- cise 3. Execu- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ~~ficially~~Owned Direct direct Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- ~~Owned~~Following (D) or Bene- 1. of action Date, Code of(D) (Month/Day/Year) Amount ative atReported ~~End~~ In- ficial Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- ofTrans- direct Owner- Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity ~~Month~~action(s) (I) ship Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

Explanation of Responses: (1) Option granted to reporting person by principal shareholder. /s/ Roberta Goes Cown November 26, 2002 --------------------------------------------- ----------------------- Roberta Goes Cown Date Attorney-in-Fact ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Page 2

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