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Like a Good Neighbor, State Farm Flees Illinois
Breitbart.com ^ | February 15, 2013 | Matthew Boyle

Posted on 02/18/2013 12:58:35 AM PST by InMemoriam

Insurance chain State Farm is reportedly buying up substantial workspace in Texas, which may signal a coming exodus from the company's home state of Illinois.

State Farm is keeping the move quiet so as not to alarm employees. But the Dallas Morning News reports that it is a “major business relocation” already underway and that this is “one of the biggest stories in the Dallas-area real estate market and will ultimately involve thousands of workers.”

Texas-based real estate expert Bob Gibbons notes in a blog post that State Farm’s Dallas office space lease--about 2.5 million square feet of workspace in a few different places--is the Dallas area’s largest-ever office space lease by a single company.

The Atlanta Journal-Constitution reported this week, too, that State Farm leased several hundred thousand more square feet of office space in Atlanta.

The company has 3.6 million square feet of office space in central Illinois and the spaces in Atlanta and Dallas easily total that amount...

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; News/Current Events; US: Georgia; US: Illinois; US: Texas
KEYWORDS: illinois; statefarm; texas
The poison of Chicago politics kills another otherwise healthy downstate economy.
1 posted on 02/18/2013 12:58:52 AM PST by InMemoriam
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To: InMemoriam
I don't blame them.
Screw Illinois!
If you want something destroyed, just vote the Democrats in, and they will destroy it!
2 posted on 02/18/2013 1:08:52 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: Yosemitest

Chicago will be Detroit soon. Maybe worse.


3 posted on 02/18/2013 1:15:37 AM PST by MestaMachine (Sometimes the smartest man in the room is standing in the midst of imbeciles.)
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To: InMemoriam

Oh oh, outsourcing.


4 posted on 02/18/2013 1:34:37 AM PST by No One Special
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To: MestaMachine

The people of that stated should kill the criminals, including the ones who supported and committed voter fraud.


5 posted on 02/18/2013 1:48:30 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: InMemoriam

I don’t blame them but I don’t like them. As a property adjuster I call them SNAKE FARM. Allstate is ALL SNAKE. They both screw their policy holders when they have a claim.


6 posted on 02/18/2013 2:05:23 AM PST by DeaconRed (I want to see ZERO frog marched off to the Federal Pen with Hitlery & others with him.)
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To: InMemoriam

Companies will not just flee Illinois.
They will be fleeing the USSA...The Obamination.


7 posted on 02/18/2013 2:10:46 AM PST by AlexW
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To: Yosemitest

Case in point, Detroit Michigan.


8 posted on 02/18/2013 2:32:36 AM PST by exnavy (Fish or cut bait ...Got ammo, Godspeed!)
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To: InMemoriam

Head ‘emup. Move ‘emout. Keep those jobs a movin........
IL the proud state of Obama.


9 posted on 02/18/2013 2:54:05 AM PST by Average Al
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To: Yosemitest

It’s in a death spiral that can only end in Chicago becoming the next Detroit.


10 posted on 02/18/2013 3:05:23 AM PST by Lonesome in Massachussets (What word begins with "O" and ends in economic collapse?)
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To: DeaconRed
As a property adjuster I call them SNAKE FARM. Allstate is ALL SNAKE. They both screw their policy holders when they have a claim.

had Allstate for over 30 years....car and home...had claims on both house and cars.

they pay everytime and never raised my rates after an accident or a house claim.

are you an adjuster for the OTHER GUY? if that is the problem that your guy does not get what it wants from Allstate, I say GOOD!

11 posted on 02/18/2013 3:36:54 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Lonesome in Massachussets

State Farm is headquartered in Bloomington IL and is the largest private sector employer in IL. This would hurt the more rural downstate economy, especially. Those are red counties, too. Well, maybe people in Bloominton-Normal will appreciate the university there a little more.


12 posted on 02/18/2013 3:47:45 AM PST by virgil
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To: DeaconRed

I’ve had State Farm for 40 years. Cars, homes, boats. I’ve had claims on everything but the boats and never had an once of trouble. After a wind storm in Dec 2010 they replaced my roof while neighbors with other insurers could only get patch repairs. I have no complaints with them.


13 posted on 02/18/2013 3:51:41 AM PST by Conspiracy Guy (I voted Republican, no Conservative was on the ballot.)
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To: Yosemitest

Trouble is, the low information voters will never blame their own voting preferences and leave the unsuccessful states taking their liberal attitudes with them to foul another nest.


14 posted on 02/18/2013 3:53:24 AM PST by motor_racer (Pete, do you ever get tired, of the driving?)
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To: Conspiracy Guy

once = ounce.


15 posted on 02/18/2013 4:10:23 AM PST by Conspiracy Guy (I voted Republican, no Conservative was on the ballot.)
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To: motor_racer
Just like a pet that craps in the house, you have to rub their noses in it!

Tell them or show them a print of the article above. State Farm Insurance is LEADING THE WAY >>>>OUT !
Screw Illinois !
Let 'em rot in HELL !
16 posted on 02/18/2013 4:10:28 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: DeaconRed
"As a property adjuster I call them SNAKE FARM. Allstate is ALL SNAKE. They both screw their policy holders when they have a claim."

Relevance?!?

17 posted on 02/18/2013 4:12:15 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: Lonesome in Massachussets
It remind me of this:
18 posted on 02/18/2013 4:33:04 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: DeaconRed
It's called "BUSINESS", and it used to be "A FREE COUNTRY" !
State Farm Insurance doesn't have to put up with this COMMUNIST crap !

19 posted on 02/18/2013 4:39:28 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: InMemoriam
Related: FR: Why Poaching Profits People
20 posted on 02/18/2013 4:45:49 AM PST by Peet (TurboTax: "So simple even a Secretary of the Treasury can use it!")
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To: InMemoriam

This falls under the heading of “Yankee Pollution”

New Business is good. New Yankees are bad


21 posted on 02/18/2013 4:47:09 AM PST by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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To: InMemoriam

hopefully they will also hire some decent writers for their ultra-boring sophomoric commercials. what is with that dude saying “Bla Bla Insurance”???


22 posted on 02/18/2013 4:53:03 AM PST by Seventh_Tiger
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To: MestaMachine
Chicago will be Detroit soon. Maybe worse.

Not likely. It might bo bankrupt, but Detroit? Uh, no.

23 posted on 02/18/2013 4:55:19 AM PST by 1rudeboy
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To: InMemoriam
... The state government, however, is now completely controlled by Democratic Party supermajorities. Gov. Pat Quinn and public sector unions have been pushing for a progressive income tax.

This is on top of the 67% across-the-board income tax increase that Illinois residents have already suffered. The state is bankrupt at every level, including counties and municipalities. And one of the most enormous factors in this bankruptcy is the bloated pension system for public employee unions.

24 posted on 02/18/2013 5:10:49 AM PST by Bryan
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To: DeaconRed

I’ve had State Farm for years and never had a problem.

Back when I worked on cars I never had a problem with Allstate or State Farm. The only company that ever gave us regular problems was GEICO, never wanted to pay, insisted on using cheap aftermarket parts, refused to consider addendums.

GEICO is the worst.


25 posted on 02/18/2013 6:04:32 AM PST by Velvet_Jones
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To: InMemoriam
Illinois is on the path to being Detroit. Score one more for Democrats and the parasites that keep voting them in office. Once the parasites take over the host soon dies.
26 posted on 02/18/2013 6:33:13 AM PST by Obadiah (We must commit to remove every Senate Blue-dog Democrat from office in 2014!)
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To: MestaMachine

I live in downstate Illinois. The wife and I use to go to Chicago frequently to shop or go to shows. The last time we went was 2008, and we don’t plan on going again ny time soon. It’s a cesspool of crime.


27 posted on 02/18/2013 6:42:14 AM PST by chainsaw ("Two ways to conquer and enslave a nation. One is by the sword. The other is by Obama")
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To: Lonesome in Massachussets; Yosemitest; 1rudeboy

If the leases have been signed for all that office space in Atlanta and Dallas, then it’s clear that State Farm is going to be gone. Central Illinois was already gutted when its other major industry, Caterpillar, embarked on a strategy to make the UAW irrelevant in the early 1980s. They moved most of their manufacturing to right-to-work states, to China, or to non-union parts suppliers. Take a look 45 minutes west of Bloomington-Normal, at Peoria — which is still technically Caterpillar’s world headquarters.

I have always felt that the real estate market is a superb economic indicator for any given area. There are some very nice homes for sale in Peoria and its suburbs on Trulia.com and Realtor.com in the $60,000-$90,000 range. Comparable homes in Bloomington-Normal are still selling for $150,000 to $220,000.

That’s going to change. The unions have completed their destruction of the central Illinois economy. The unemployed will welcome an increased presence by the only other major employers in the area — hospitals, prisons, and government offices, all of them directly or indirectly dependent upon the government.


28 posted on 02/18/2013 6:58:20 AM PST by Bryan
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To: Bryan
I've had State farm Insurance since before 1976, and my current agent told me that the Bloomington Office has many problems.
They're looking for an excuse to move south, mainly due to Unions and taxes, but outdated equipment and parking area problems are also a factor.
They don't like the "leaches" in the State and Federal Government milking them dry,
and then trying to pit their customers against them by blaming them for the rising cost to meet regulations
that require them to write addendums to cover situations that most customers don't want AND don't need.
In short the government is trying to price Insurance companies out of the market.
Then the government will be the insurer, and then prices will "naturally skyrocket".
29 posted on 02/18/2013 7:10:22 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
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To: InMemoriam
The poison of Chicago politics kills another otherwise healthy downstate economy

Do you live in or near Chicago? The reason I ask is that people who live in that area seem to use the tern, "down state" for all of Illinois not near Chicago.

Bloomington, Illinois, where State Farm is located, is central Illinois. I've even seen Rockford, Illinois referred to as "down state" it isn't either.

30 posted on 02/18/2013 7:16:40 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: InMemoriam

State Farm is a huge employer in Bloomington, Illinois. This is going to really effect their economy. Thanks Democrat House, Thanks democrat senate, thanks democrat Governor, thanks Chicago and Cook county for giving us all that business/jobs destroying legislation.

There are ties and obstacles that keep me here, bonds that right now are unbreakable. I would love to leave and get away from insane democrat rule.


31 posted on 02/18/2013 7:23:31 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: DeaconRed
They both screw their policy holders when they have a claim.

After many years of dealing with various insurance companies for health/home/life/car insurance, I've concluded that they all do.

32 posted on 02/18/2013 7:27:17 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: virgil

Illinois largest employers:

1 Adjutant General Springfield 13,000
2 Allstate Insurance Co Northbrook 13,000
3 State Farm Mutual Auto Ins Co Bloomington 13,000

I don’t know why Caterpillar Inc. with 26,000 in Illinois. is not even mentioned.


33 posted on 02/18/2013 7:44:49 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: InMemoriam
I'm not too sure I'm all that thrilled about being inundated with another swarm of locusts liberals who will try to foul up Texas like they did in Illinois
34 posted on 02/18/2013 9:26:17 AM PST by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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To: InMemoriam
One of the speakers at the Free Republic March for Justice in Washington, DC, on October 31, 1998, told how State Farm had been the victim of a shake-down by the Clinton administration. I think it was for several million dollars. I don't remember where the money went (to the Clinton political machine or to the federal government).

I wasn't at the March for Justice but watched it on C-SPAN.

35 posted on 02/18/2013 9:33:38 AM PST by Verginius Rufus
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