North American Casualty/Applied Underwriters Acquires Oklahoma Property and Casualty Insurance Company
February 16, 2021
North American Casualty Company, affiliated with Applied Underwriters, has completed the acquisition of Oklahoma Property and Casualty Insurance Company (OP&C) following regulatory approvals. The deal positions OP&C to write admitted business in the South Central U.S., while Applied Underwriters will repurpose its Texas Insurance Company to focus on Excess & Surplus (E&S) lines nationally to support trucking and specialty programs.
- Buyers
- North American Casualty Company, Applied Underwriters
- Targets
- Oklahoma Property and Casualty Insurance Company
- Industry
- Insurance
- Location
- Oklahoma, United States
- Transaction Type
- Buyout
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