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Baldwin & Lyons Announces Quarterly Dividend

Baldwin & Lyons Announces Quarterly Dividend

INDIANAPOLIS, Feb. 5, 2013 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc.
(Nasdaq:BWINA) (Nasdaq:BWINB) announces that at its regular quarterly meeting
on February 5, 2013, 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 March 5, 2013 to
shareholders of record on February 19, 2013.

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