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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]
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]
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 ...
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 .
National Income Life Insurance Company (NILICO) is an American insurance company providing supplemental life insurance to members of labor unions, credit unions, and associations. The company is based in Rochester, New York and is a subsidiary of American Income Life Insurance Company which is a subsidiary of Globe Life .
Globe Life Liberty National Division (formerly Liberty National Life Insurance) is an American insurance company that is a provider of life and supplemental health insurance. It provides individual coverage through home and workplace sales. The company is headquartered McKinney, Texas and is licensed in 49 states and is a subsidiary of Globe Life.
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