INDIANAPOLIS, Oct. 28, 2010 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (Nasdaq:BWINA) (Nasdaq:BWINB) today announced net income for the quarter of $9.2 million, or $.62 per share, compared to net income of $.97 per share for the third quarter of 2009. Operating income, defined as net income before investment gains and losses, of $2.6 million or $.17 per share and compares to $.29 per share for the third quarter of 2009. Net investment gains for the third quarter of 2010 were $6.7 million after tax, or $.45 per share, compared to net investment gains of $10.0 million, or $.68 per share, in the same quarter of 2009.
Baldwin & Lyons Announces Results For Quarter And Nine Months
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