Baldwin & Lyons, Inc.( B&L)is engaged in marketing and underwriting property and casualty insurance and the assumption of property and casualty reinsurance. The Company operates in two segments: property and casualty insurance, and reinsurance. The property and casualty insurance segment provides multiple line insurance coverage primarily to fleet transportation companies and to independent contractors who contract with fleet transportation companies. The Company also offers individual personal automobile coverage, professional liability coverages and business owners� and commercial property policies. The reinsurance segment accepts cessions from other insurance companies, as well as retrocessions from selected reinsurance companies, providing property catastrophe and casualty reinsurance coverages.