Insurance company takes $20 million in job creation incentives from two state programs

Farmers Insurance Co. Inc. has grown to 1,400 employees in Oklahoma City, an expansion helped by a unique arrangement of tax credits and job creation rebates, an investigation by The Oklahoman found.

BY PAUL MONIES Published: September 13, 2011
One of the state’s largest insurance companies has taken about $20 million in job creation rebates and tax credits in two separate economic development programs using a possible loophole in the law, The Oklahoman has learned.
Farmers Insurance...

Oklahoman subscribers have access to this article. Unlock it below.

What is this? Learn more. has disabled the comments for this article.