Baldwin & Lyons Announces Quarterly Dividend

INDIANAPOLIS, Nov. 6, 2012 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (Nasdaq:BWINA) (Nasdaq:BWINB) announces that at its regular quarterly meeting on November 6, 2012, the Board of Directors of Baldwin & Lyons, Inc. declared a regular quarterly dividend of $.25 per share on the Company's Class A and Class B Common Stock. The dividend per share will be payable December 4, 2012 to shareholders of record on November 20, 2012.

The subject of dividends will be addressed at each future board meeting with consideration of the company's earnings, returns on investments and its capital needs.

CONTACT: Press Contact: G. Patrick Corydon
         (317) 452-7500
         corydon@baldwinandlyons.com