Baldwin & Lyons Announces Quarterly Dividend

Baldwin & Lyons Announces Quarterly Dividend

INDIANAPOLIS, May 7, 2013 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc.
(Nasdaq:BWINA) (Nasdaq:BWINB) announces that at its regular quarterly meeting
on May 7, 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 June 4, 2013 to
shareholders of record on May 21, 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: G. Patrick Corydon
         (317) 452-7500
         corydon@baldwinandlyons.com
 
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