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.
Big Oil CEO: 'A Few People Are Going To Drown' âNone of us have a great sense for where oil prices are going,â said Al Walker, CEO of Anadarko Petroleum. So for some perspective Walker talked to his friend Jim Flores, CEO of Freeport McMoRanâs oil and gas business. âI asked him,â Walker said, âJim, where are we going?â Floresâ response: âBaby, itâs raining.