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.