8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

_____________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

____________________________________

Date of Report (Date of earliest event reported) October 18, 2011:

BALDWIN & LYONS, INC.

___________________________________________________________________________

(Exact name of registrant as specified in its charter)

Indiana	0-5534	35-0160330
(State of other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

1099 North Meridian Street, Indianapolis, Indiana	46204
(Address of principle executive offices)	(Zip Code)

Registrant’s telephone number, including area code:                                       (317) 636-9800

                                                                                      _______________________________________________

 Not applicable

__________________________________________________________________________________________

 (Former name of former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF 240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-

       2(b))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-

      4(c))

Item 8.01 Other Events

The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 8.01 – Other Events of Form 8-K.

On October 18, 2011, Baldwin & Lyons, Inc. (Baldwin) issued a press release announcing the Company’s estimate of its loss from third quarter catastrophes, including Hurricane Irene and other storms.  In addition, the Company released updated loss estimates related to the Tohoku, Japan earthquakes.  A copy of this press release is also posted on the Company's website.

Item 9.01 Financial Statements and Exhibits.

(c)      Exhibits

Exhibit No.                Description

---------------             -----------------------------------------------------

Exhibit 99                   Press release issued by Baldwin & Lyons,

Inc., dated October 18, 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BALDWIN & LYONS, INC.

October 18, 2011                                                        By           /s/ Joseph J. DeVito

Joseph J. DeVito

Chief Executive Officer and President

EX-99.1 CHARTER

Baldwin & Lyons, Inc.

Protective Insurance Company

Sagamore Insurance Company

B & L Insurance, Ltd. (Bermuda)

1099 North Meridian Street

Indianapolis, IN 46204

(317) 636-9800

Subject:  Baldwin & Lyons, Inc. Third Quarter Catastrophe Pre-Announcement

Press Contact: G. Patrick Corydon

(317) 636-9800 (x7500)

corydon@baldwinandlyons.com

Indianapolis, Indiana, October 18, 2011--Baldwin & Lyons, Inc. (NASD: BWINA, BWINB) today provided an initial estimate of losses related to Hurricane Irene and other storms that impacted the United States during the third quarter of 2011. The Company expects after-tax losses of approximately $4.4 million for these events, without consideration of reinstatement premium.  The majority of this total relates to Hurricane Irene, with an after-tax loss estimated at $2.7 million.

In addition, recently updated information from ceding reinsurers has resulted in an after-tax  increase in the Company’s estimated losses associated with the Tohoku, Japan, earthquake of $5.1 million without consideration of reinstatement premium.

Management cautions that the Company's current loss estimates are based on evaluations of numerous recently occurring events as reported to-date, as well as emerging information from prior events. Much of the information in both categories is heavily dependent on portfolio modeling, as well as ongoing evaluations by and discussions with cedents and brokers.  Consequently, the actual net impact on the Company's results arising from these catastrophes could differ from the current estimates.

About the company:

Baldwin & Lyons, Inc., based in Indianapolis, Indiana, is a specialty property-casualty insurer with a leading position in providing liability coverage for large and medium-sized fleets in the transportation industry. Additionally, the company's product offerings include coverage for private passenger automobile, small fleet trucking, commercial property, and selected professional liability lines as well as a limited program of reinsurance assumed.

Cautionary Note Regarding Forward-Looking Statements

Forward-looking statements in this report are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve inherent risks and uncertainties. Readers are encouraged to review the Company's annual report for its full statement regarding forward-looking information.