Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
CARMEL, Ind., May 15, 2017 -- Baldwin & Lyons, Inc. (NASDAQ:BWINA) (NASDAQ:BWINB) today announced the formal appointment of John Nichols and James Porcari to the company’s Board of Directors, effective immediately.
“John and James each bring years of insurance industry expertise and leadership acumen to the table, which will help continue fueling our company’s growth and success in the midst of our eighty-seventh year in business,” said Steve Shapiro, Executive Chairman of the Board of Directors. “We are thrilled to welcome them to the Board and look forward to their valuable contributions to our company.”
John “Jay” Nichols, 57, held the title of Chief Executive Officer at AXIS Re, a leading reinsurer to global property and casualty insurance companies, from 2012-2017. Prior to his tenure at AXIS Re, Nichols served as President of RenaissanceRe Ventures Ltd. from 2001-2010, where his role encompassed business development and management of joint ventures and venture capital businesses. Nichols has also held various leadership positions with Hartford Steam Boiler and Monarch Capital, and previously worked for the accounting firm Matson, Driscoll, and D’Amico. He also serves on the Board of Directors for Delaware North Companies. Nichols holds a B.S. in Business and Accounting from Babson College.
James “Jim” Porcari, 59, is the founder and managing partner of Insurance Resources International, LLC – a strategic consulting group for the property and casualty industry. Before founding IRI in 2010, Porcari was President of Personal Lines Claims for AIG (US) from 2002-2009. Prior to joining AIG, Porcari held various leadership positions with several insurers, including GMAC/Integon, USF&G, Transport Group and Progressive. Porcari is also on the Board of Directors for National Truck Protection, Collision Diagnostic Services, Livegenic and Homesite Insurance. Porcari holds a B.B.A. in Business from the University of Dayton, and an MBA from Southern Methodist University.
ABOUT BALDWIN & LYONS, INC.
Founded in 1930, Baldwin & Lyons, Inc. is a holding company for specialty property and casualty insurance subsidiaries. Through its subsidiaries, the company provides liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverages for trucking industry independent contractors. In addition, the company offers coverage for small fleet trucking along with workers’ compensation for small business and casualty reinsurance. Baldwin & Lyons is headquartered in Carmel, Indiana.
Investor Contact: William Vens [email protected] (317)-429-2554 Media Contact: Leila Palizi [email protected] 317-636-9800, ext. 4765
