Justice Department Closes Investigation Into American Income Life Agents' Sales Practices
MCKINNEY, Texas -- July 28, 2025
Globe Life said the U.S. Attorney's Office for the Western District of Pennsylvania notified the company and its subsidiary American Income Life that it has closed its investigation, meaning the Justice Department will not take enforcement action against either company.
Globe Life and American Income Life received subpoenas from the U.S. Attorney's Office on November 30, 2023, seeking documents relating to sales practices by certain independent sales agents contracted to sell American Income Life policies. The companies said they cooperated fully with the requests.
The announcement came four days after Globe Life said staff of the Securities and Exchange Commission had concluded a separate investigation, prompted by short seller reports, without recommending enforcement action. American Income Life sells its policies through independent agents contracted by the company.
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