Baldwin & Lyons Inc. - BWINA- Profile

Baldwin & Lyons Incorporated. The Group's principal activities are to market and underwrite property and casualty insurance for motor carrier industry. The insurance products consist of fleet trucking insurance, voluntary assumption reinsurance, private passenger automobile insurance, small fleet trucking insurance and small business workers' compensation insurance. The fleet trucking segment provides multiple line insurance coverage to large trucking fleets. The non-standard private passenger automobile segment provides motor vehicle liability and physical damage coverage to individuals. The reinsurance assumed segment accepts retrocession from selected reinsurance companies, reinsuring against catastrophes. The Group, through its subsidiaries, is licensed to do business in all the 50 states of the United States, all the Canadian provinces and Bermuda. Fleet trucking accounted for 65% of 2002 revenues; Passenger automobile, 20%; reinsurance assumed, 5% and other, 10%.