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.
Safeco Insurance. Safeco combines the power of tradition and the promise of innovation. Safeco has safeguarded American homes and autos for more than 90 years, and with the financial stability and strength of its parent company, Liberty Mutual, you can shop with confidence.