INDIANAPOLIS, July 29, 2010 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (Nasdaq:BWINA) (Nasdaq:BWINB) today announced operating income, defined as net income before investment gains and losses, was $6.8 million or $.46 per share as compared to $.41 per share for the second quarter of 2009. Net investment losses for the second quarter of 2010 were $1.9 million after tax, or $.13 per share, compared to net investment gains of $8.1 million, or $.55 per share, in the same quarter of 2009 reflecting the downturn in equity markets experienced during the current quarter. Net income for the quarter was $5.0 million, or $.33 per share, compared to net income of $.96 per share for the second quarter of 2009.
Baldwin & Lyons Announces Results For Quarter And Six Months
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