August 12, 2024 – On August 7, 2024, Globe Life published its 10-Q for Q2 2024 which contains several damning admissions about the company’s conduct and unexplained changes in disclosure. Globe Life management misled analysts and shareholders about the existence of an SEC investigation In
August 6, 2024 – On July 31, 2024, Viceroy published a report including the name of a former AIL agent who made repeated complaints of sexual harassment and the complete failure of Globe Life to investigate her claims. The same day Globe Life sent an
July 31, 2024 – Globe Life’s Liberty National agents regularly misrepresent themselves as government employees to generate leads. This practice is instructed and mandated from the corporate level, and we believe is illegal. This, together with abundant evidence Viceroy have produced across 12 reports, directly
July 11, 2024 – Former Globe Life agents have sent Viceroy a trove of revealing Globe Life agent training materials hosted on www.thekeefersuccess.com. These training materials include multiple false claims and misrepresentations that agents are expected and encouraged to repeat to customers to close a
June 27, 2024 – On June 20, 2024, the SEC FOIA office responded to a Viceroy-instigated appeal to disclose any investigation and communication records between the regulator and Globe Life. Our appeal for these records was unsuccessful on the basis that Globe Life is under
June 14, 2024 – This morning, Globe Life reported it received concerns of vulnerabilities related to access permissions to consumer and policyholder information. This is a direct result of Viceroy having been able to evidence significant vulnerabilities in the data privacy and protection practices of
June 7, 2024 – Former agents have informed Viceroy of several agents who continue to work for American Income Life subsequent to for-cause termination, writing fraudulent policies, or fraudulently recruiting agents. This includes agents who stand accused of multiple sexual assaults from multiple sources, an
May 31, 2024 – Globe Life’s largest insurance subsidiary AIL, and its agencies continue to lie to consumers. A Viceroy investigation has found several current AIL marketing materials contain an AM Best “A+” Financial Stability Ranking (FSR). AIL was downgraded from “A+” on July 17,
May 23, 2024 – Viceroy’s deep-dive research into SEC and NAIC filings has found how Globe Life, through financial shenanigans and a full financial guarantee, have transformed AIL’s agent loan receivable balances into short-term investments on Liberty National’s balance sheet. Globe Life and Liberty National
May 16, 2024 –Globe Life appears to be the target of an SEC investigation, per a withheld FOIA response from the SEC. The response, pertaining to a request submitted by Viceroy associates to the SEC, was withheld due to Exemption 7(A), which “protects from disclosure
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