Insurance company takes $20 million in job creation incentives from two state programs
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 Co. Inc., which is based in Los Angeles, received $9.6 million in Quality Jobs rebate payments from 2002 to 2011, according to Oklahoma Tax Commission records.
The c...
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