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.
Cenlar FSB names CEO Gregory Tornquist chairman of the board. Served as bankâs president and CEO since 2008. Cenlar FSB, a privately owned, federally chartered wholesale bank and mortgage subservicer, announced that the bankâs chief executive officer, Gregory Tornquist, is also now the bankâs chairman of the board. Tornquist was also named the chairman of the board of the bankâs holding company, Cenlar Capital Corporation.