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Oscar & Associates acquired by USI Insurance

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West Caldwell-based employee benefits firm Oscar & Associates has been acquired by New York-based USI Insurance Services, the latter company announced Friday. Financial terms were not disclosed.

According to the announcement, Oscar & Associates will be combined with Emerson Reid LLC, USI's benefits wholesale operation headquartered in New York City. This acquisition reinforces ERC's leadership position as the largest employee benefit wholesaler in the Northeast tri-state area.

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