baldwin & lyons News

3 Baldwin & Lyons Senior Execs Resign; CEO Cites Differences with Chairman; New CEO Named

Three senior executives of specialty transportation insurer Baldwin & Lyons have abruptly retired and the insurer said it has retained independent legal counsel to review issues raised by their departures. For now, the Indiana-based company is disclosing few details about …

Best Affirms Baldwin & Lyons and Operating Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Protective Insurance Company (PIC) and its wholly owned subsidiary, Sagamore Insurance Company, as well as the FSR of ‘A’ …

Baldwin & Lyons Predicts $15.5M Loss from International Catastrophes

Indianapolis, Ind.-based property and casualty insurer Baldwin & Lyons Inc. announced that, based on preliminary information received from its ceding reinsurers, the estimated after tax loss associated with first quarter catastrophes, including the Christchurch, New Zealand, earthquake, the Sendai, Japan, …

Protective Specialty Announces Expansion of Professional Liability Product Offerings

Indianapolis, Ind. – Mar 25 2011 – Protective Specialty Insurance Company (PSIC) has expanded its product offerings to include Technology Professional Liability, Architects and Engineers Professional Liability (A&E), Lawyers Professional Liability and Intellectual Property Lawyers Professional Liability. These new products …

Baldwin & Lyons Promotes 3 in Management Team

Baldwin & Lyons Inc., headquartered in Indianapolis, Ind., announced it has promoted Mark Bonini to executive vice president of Sales, Marketing and Underwriting; Jim Isham to senior vice president of Administration; and Craig Morfas to senior vice president of Claims, …