Applied Underwriters Acquires Oklahoma Property and Casualty Insurance
February 16, 2021
Applied Underwriters’ affiliate, North American Casualty Co., has completed its acquisition of Oklahoma City-based Oklahoma Property and Casualty Insurance Co. (OP&C).
Applied Underwriters plans to make various changes with respect to OP&C, as well as the Texas Insurance Co. (TIC), which is also owned by North American Casualty.
The company’s strategic plans call for repurposing TIC to expand its excess and surplus (E&S) capabilities nationally in support of the company’s trucking programs and other divisions now organized under Applied Specialty Underwriters, led by Chris Day, and Applied Financial Lines, led by Steve McGill.