Baldwin & Lyons (BWINA) Reports Q3 EPS of $0.61

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Baldwin & Lyons Announces Record Underwriting and Operating Income for the Quarter and Record Premium for Nine Months

November 5, 2015 8:01 AM EST

CARMEL, Ind., Nov. 05, 2015 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (NASDAQ: BWINA) (NASDAQ: BWINB) today announced record  quarterly after tax operating income, defined as net income before investment gains and losses, of $9.1 million, or $.61 per share, for the third quarter of 2015 compared to $5.3 million, or $.36 per share, during the third quarter of 2014.  Net investment losses for the third quarter of 2015, which include both realized and unrealized gains in the Companys limited partnership investments, were $1.4 million after tax, or $.09 per share, compared to net investment gains of $0.4... More