Employers can give their employees a set amount of money and then direct them to a private exchange. There, they can shop for a health plan and other benefits, like dental, based on what the employer has selected as options.
Safeco sale 'bittersweet,' says CEO Reynolds. By DAN RICHMAN, P-I REPORTER. Selling Safeco Corp. was a bittersweet moment, Chief Executive Paula Reynolds said Wednesday, after the announcement that Boston's Liberty Mutual Group will buy the 85-year-old homegrown insurer for $6.2 billion in cash.
Air Canada CEO Calin Rovinescu named new IATA chairman. The Canadian Press Posted: Jun 03, 2014 10:23 AM ET Last Updated: Jun 03, 2014 10:23 AM ET. Calin Rovinescu, president and CEO of Air Canada, has been named as the next chairman of the board of governors of IATA, an industry group representing 240 airlines. (REUTERS).