SEC Ends Probe of American Income Life Parent Globe Life Without Recommending Enforcement Action

MCKINNEY, Texas -- July 24, 2025

Globe Life, the parent of American Income Life Insurance Company, said it received a letter from staff of the Securities and Exchange Commission notifying it that they have concluded their investigation and, based on the information gathered, do not intend to recommend an enforcement action against the company.

According to Globe Life's regulatory filings, the company received an inquiry from the SEC's Fort Worth Regional Office in April 2024 requesting information related to short seller reports that made allegations about the company, and it cooperated fully with the agency. A putative securities class action and shareholder derivative suits based on similar allegations have been filed against the company in federal court in Texas.

American Income Life sells its policies through a large force of independent agents. Globe Life said it has more than 16,000 insurance agents and 3,600 corporate employees and more than 17 million policies in force across its insurance subsidiaries.