March 3, 2025 – On February 26, 2025, Globe Life released its 2024 10-K. While management conveyed that it was business as usual there are several red flags in the 10-K and accompanying earnings call. Massive share buybacks were substantially funded by expensive debt. Policy
February 17, 2025 – On June 14 2024 we published out letter to US insurance commissioners detailing Globe Life’s data security failures. One of these vulnerabilities remains unresolved nearly 9 months later. Below is a redacted copy of a letter we sent to US insurance
December 9, 2024 – On January 22, 2024, Globe Life sent a Legal Hold Notice (LHN) to several American Income Life (AIL) agents relating to identical subpoenas sent to Globe Life and AIL from the US Department of Justice (DOJ) though the US Attorney’s Office
December 5, 2024 – Globe Life issued a press release in response to Viceroy’s reporting on apparent agency closures across AIL’s network. Globe Life definitively stated: All businesses named in the report are still in operation: “Every single business named in the report is still
December 4, 2024 – Something is seriously wrong at AIL. The evidence is everywhere. Empty offices, disconnected phones, furniture fire sales, and no word from management. Several major AIL agencies appear to have shuttered their operations in early November 2024. Offices are being put up
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
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