Baldwin & Lyons, Inc. announced yesterday that its subsidiary, Protective Insurance Company, has entered into an agreement with Paladin Catastrophe Management to produce property-catastrophe reinsurance in the United States.

The Indianapolis-based commercial trucking carrier said the newly-formed Paladin will solicit and underwrite selected business on behalf of Protective.

Paladin's operations will be managed by David Ingrey from offices in Chester, New Jersey and will be a broker market only, targeting regional U.S. catastrophe business, other than Florida hurricane and California earthquake-exposed business.

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