Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Globe Life and Accident Insurance Company of Omaha, Nebraska
Current Parent Company: Globe Life Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $3,300,000
Year: 2019
Date: January 9, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Globe Life agreed to pay $4.5 million to settle multistate litigation relating to its rating, marketing and sales practices but $1.2 million was deferred.
Level of Government: state
Action Type: agency action
Agency: Multistate Financial Regulators Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.