INDIANAPOLIS, May 4, 2010 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (Nasdaq:BWINA) (Nasdaq:BWINB) announces that at its regular quarterly meeting on May 4, 2010, 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 June 1, 2010 to shareholders of record on May 18, 2010.

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:  Baldwin & Lyons, Inc.          Press Contact:          G. Patrick Corydon          (317) 636-9800 (ext. 355)