Investing in Infrastructure
Life insurers have invested more than $480 million in entities that are building and improving infrastructure in the state. This includes the Oklahoma Turnpike Authority, the Oklahoma City Airport, the Grand River Dam Authority and the Oklahoma Municipal Power Authority.
Investing in Retail
One-quarter of the jobs in Oklahoma are supported by the retail industry, says the National Retail Federation. And life insurers are part of this employment story. They have provided $185 million in recent years in retail mortgage loans in the state.
Investing in Education
Bonds issued by Oklahoma University, Oklahoma State University, the Oklahoma Agricultural & Mechanical College, Choctaw-Nicoma Park Public Schools Project and more have been purchased by life insurers. In all, life insurer bond purchases from education-based entities in the state total nearly $333 million.
Investing in Industry
Life insurers have nearly $235 million today invested in industrial mortgage loans in Oklahoma City, Tulsa and Shawnee.
Investing in Agriculture
Life insurers have nearly $130 million invested in agricultural loans in Pushmataha, Coal, Blaine counties and more, helping farmers buy land and expand their to feed families in the state, the country and throughout the world.
Investing in Residential
With $87 million in investments in mortgages for single-family homes in Stillwater, Tahlequah, Muskogee, Lawton and more today, life insurers are helping individuals and families call Oklahoma “home.”