X0201 42003-10-2100000847831MC SHIPPING INC MCX0000830122PICO HOLDINGS INC /NEW875 PROSPECT STREETSUITE 301LA JOLLACA92037-42640010COMMON2003-10-214P0143001.5151D1343000DAll shares reported as sold on this Form 4 are owned by Physicians Insurance Company of Ohio, a wholly-owned subsidiary of PICO Holdings,Inc./s/James F. Mosier, General Counsel and Secretary2003-10-22