|By PR Newswire||
|October 3, 2012 02:48 PM EDT||
LOS ANGELES, Oct. 3, 2012 /PRNewswire/ -- Farmers Insurance today helped celebrate the historic milestone towards the revitalization of downtown Los Angeles with the city's approval for development of Farmers Field. Along with partner AEG, and in conjunction with the City of Los Angeles, during a press conference on the steps of the Los Angeles Convention Center, Farmers thanked the community for helping to champion the mission to help revitalize LA.
Farmer Insurance has a long-standing, nearly 85-year history of giving back to the communities it serves – including its hometown of Los Angeles. With the new jobs and increased business activity that Farmers Field will create, it is an example of our commitment to bringing people together, building strong communities, and giving people tools to create a better future.
"This is a proud milestone for Farmers Insurance and for the City of Los Angeles," said Mike Linton, enterprise chief marketing officer for Farmers Insurance. "We have a history of rebuilding and supporting communities all over the country but it all started here in Los Angeles nearly 85 years ago. We continue to be excited to support our hometown and look forward to the next landmark phase toward building Farmers Field for LA."
"With Farmers Field, we have created a new model for public / private funding of urban development and job creation that would not have been possible without our partners at Farmers Insurance," said Tim Leiweke, president AEG. "They have a deep history of helping communities in need, and that's exactly what they did nearly two years ago when they stepped up to be the naming partner for this project. Their commitment has been much deeper than financial – they are dedicated to the communities they serve, and to the revitalization of downtown LA. They have proven that they are ready for Farmers Field, and we look forward to making that a reality together."
Farmers Insurance is a homegrown company that represents a rare breed of corporations with an unwavering dedication to the communities they serve," said Jan Perry, member of the Los Angeles City Council. " We look forward to continuing to work with them on the next steps of Farmers Field, and on the revitalization of downtown Los Angeles.
About Farmers Insurance
Farmers Insurance Group of Companies is a leading U.S. insurer of automobiles, homes and small businesses and also provides a wide range of other insurance and financial services products. Farmers Insurance is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.
Farmers is a trade name and may refer to Farmers Group, Inc, or the Farmers Exchanges, as the case may be. The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange), including their subsidiaries and affiliates, owned by their policyholders, and managed by Farmers Group, Inc. and its subsidiaries. For more information about Farmers, visit its Web site at www.farmers.com or at www.Facebook.com/FarmersInsurance.
Contacts: Erin K. Freeman
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