USI Completes Acquisition of Oscar & Associates

USI Insurance Services announced that it has closed on its purchase of Oscar & Associates, a wholesale brokerage based in West Caldwell, N.J. Terms of the transaction were not disclosed.USI said Oscar & Associates will be combined in Emerson Reid LLC, USI’s benefits wholesale operation that is headquartered in New York City."With this acquisition, we have attained seasoned insurance veterans who share in our goal of protecting and growing the broker’s business," stated Emerson Reid Chief Executive Officer Arthur W. Hall. Oscar & Associates was founded as a general agenc...