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On August 8, 2019, Torchmark Corporation was renamed to Globe Life and its ticker symbol changed from "TMK" to "GL". [13] On April 11, 2024, Globe Life's share price experienced its biggest single-day decline, falling by 53.14% from $104.93 to $49.17. [14]
Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide, and has earned the A (Excellent) Financial Strength Rating as of June 2020. [2] Globe Life and Accident Insurance Company has executive offices in Oklahoma City and McKinney, TX and is a subsidiary of Globe Life .
In 2019, Globe Life Insurance Company of New York was fined by the Department of Financial Services in the state of New York for improperly denying benefits to policyholders. This was under Liverpool life insurance which was a brand of Torchmark Corporation which was a subsidiary and the previous name of Globe Life. [5]
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A.M. Best Affirms Ratings of Torchmark Corporation and Its Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer ...
Globe Life was purchased by Torchmark Corporation (hereafter referred to as "Torchmark" or "The Company"), and in 1982 Richey was elected president of the Birmingham, Alabama-based Torchmark Corporation. On January 1, 1985, Richey was named president and chief executive officer of Torchmark Corporation. Under Richey’s leadership, Torchmark ...
EVP & CFO of Globe Life Inc (30-Year Financial, Insider Trades) Frank M Svoboda (insider trades) sold 15,000 shares of GL on 03/01/2021 at an average price of $95.38 a share.
AIL also has two wholly owned subsidiaries: National Income Life Insurance Company, licensed in the state of New York, and Union Heritage Life Assurance Company Limited, licensed in the Republic of Ireland. As of 2013, AIL had more than two million policyholders and was a wholly owned subsidiary of Globe Life, based in McKinney, Texas.
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