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.
David Long, Liberty Mutual Insurance CEO, addresses the audience at the groundbreaking ceremony of Liberty Mutual's new Plano, TX campus. This is the first s... David Long, Liberty Mutual Insurance CEO, addresses the audience at the groundbreaking ceremony of Liberty Mutual's new Plano, TX campus. This is the first significant new campus the insurance company has built outside of the northeast. More than 4,000 people will work on the new campus beginning in 2017.