Protective Insurance Corp, formerly Baldwin & Lyons, Inc., incorporated on August 7, 1930, is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies. The Company’s segments include property and casualty insurance, and reinsurance. The property and casualty insurance segment provides multiple line insurance coverage primarily to fleet transportation companies, as well as to independent contractors contracting with fleet transportation companies. The Company also provides workers’ compensation coverage to small businesses.

The Company’s insurance subsidiaries provide a range of fleet transportation insurance, such as Commercial motor vehicle liability, physical damage and general liability insurance; workers’ compensation insurance; specialized accident (medical and indemnity) insurance for independent contractors of trucking concerns; non-trucking motor vehicle liability insurance for independent contractors; fidelity and surety bonds, and Inland Marine insurance consisting principally of cargo insurance. The Company also performs a range of additional services for its insured’s, including risk surveys and analyses, safety program design and monitoring, government compliance assistance, loss control and cost studies, and research, development and consultation in connection with new insurance programs, including development of systems to assist customers in monitoring their accident data. It also provides claims handling services primarily to clients with self-insurance programs.