FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WEIL JOHN D 		2. Issuer Name and Ticker or Trading Symbol

BALDWIN & LYONS INC [ BWINB ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

200 N BROADWAY SUITE 825 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2015
(Street)

ST LOUIS, MO 63102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock                  12578   D    
Class B Common Stock                  1567   (1) D    
Class A Common Stock                  8878   I   Spouse   (2)
Class B Common Stock                  39357   I   Spouse   (2)
Class A Common Stock                  6462   I   Trust   (3)
Class B Common Stock                  31680   I   Trust   (3)
Class A Common Stock                  72712   I   Trust   (4)
Class B Common Stock                  208767   I   Trust   (4)
Class A Common Stock                  43189   I   Limited Partnership   (5)
Class B Common Stock                  204285   I   Limited Partnership   (5)
Class A Common Stock                  865   I   Corporation   (6)
Class B Common Stock   2/27/2015     S    4   D $23.3101   5098   I   Corporation   (6)
Class A Common Stock                  13080   I   Trust   (7)
Class B Common Stock   2/26/2015     S    4599   D $23.2729   34781   I   Trust   (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  1,567 shares are restricted until May 8, 2015.
( 2)  The reporting person disclaims any economic benefit in such shares.
( 3)  Owned by a trust for the benefit of the reporting person and for which the reporting person acts as trustee.
( 4)  Owned by a trust for the benefit of a sibling of the reporting person and for which the reporting person acts as co-trustee. The reporting person disclaims any economic benefit in such shares.
( 5)  Owned by a family limited partnership for which the reporting person acts as one of several general partners. Number of shares reported includes all shares held by limited partnership. The reporting person disclaims beneficial ownership of shares held by the limited partnership in excess of the reporting person's proportionate interest as determined pursuant to Rule 16a-1(2)(ii)(B).
( 6)  Owned by a corporation controlled by the reporting person.
( 7)  Owned by trusts for which the reporting person acts as co-trustee and with respect to which the reporting person and/or members of his immediate family have a beneficial or contingent remainder interest. The reporting person disclaims any economic benefit in shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WEIL JOHN D
200 N BROADWAY SUITE 825
ST LOUIS, MO 63102 		X X


Signatures
John D. Weil 3/2/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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