Baldwin & Lyons

INDIANA 100: Indiana public companies turned in contrasting performancesRestricted Content

June 21, 2014
Kathleen McLaughlin, Chris O'Malley, Scott Olson, Anthony Schoettle
Profit shot up for some, while others fought setbacks.

Baldwin & Lyons' profit falls on smaller investment gains

October 31, 2013
 IBJ Staff
Premiums written by the firm’s insurance subsidiaries hit $96.6 million, an increase of nearly 19 percent over the third quarter a year ago and 4 percent over the second quarter.

Baldwin & Lyons posts 21-percent boost in profit

August 1, 2013
 IBJ Staff
The insurer of trucking and auto fleets reported healthy jumps in profit and revenue in the second quarter, spurred by record premiums written by subsidiaries.

Truck insurer’s new jobs to boast gold-plated payRestricted Content

May 11, 2013
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly $125,000 a year.

Investment gains mask slowdown for insurer

May 2, 2013
J.K. Wall
The bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty insurer’s core business lost ground.

Baldwin to move HQ to Carmel, add 133 jobs

March 4, 2013
J.K. Wall
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.

Baldwin & Lyons reports lower quarterly, annual profit

January 31, 2013
The Indianapolis-based transportation industry insurer attributed the lower earnings to smaller investment gains. Excluding investments, quarterly profit increased due to fewer storm losses.

Baldwin & Lyons profits rise on fewer storm losses

November 1, 2012
Indianapolis-based Baldwin & Lyons Inc. continues to improve on its 2011 results, recording after-tax profit of $11.7 million, or 78 cents a share, for the third quarter.

Truck fleet insurer's move to diversify gains tractionRestricted Content

August 18, 2012
Chris O'Malley
Sales of professional liability products are still a small part of total revenue but could reach $50 million by the end of 2013.

Baldwin & Lyons sees quarterly profit on fewer disasters

August 2, 2012
 IBJ Staff
Indianapolis-based Baldwin & Lyons Inc. on Thursday reported a profitable second quarter, a year after a series of major natural catastrophes caused a big loss for the transportation industry insurer.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.