Protective Insurance (PTVCA, PTVCB) has not been protected from drama in the past three years, albeit much of it self-inflicted.
Protective is a niche player in the insurance industry, primarily providing commercial transportation policies to the transportation industry. The company was founded in 1930 by Harry Baldwin. In 1944, he joined forces with Voris Lyons. Baldwin & Lyons publicly listed in 1969. In August, 2018, the insurer adopted the name of the company's first subsidiary, dropping the names of the founders.
A significant percentage of the premiums written at Protective are for