Globe Life Inc. (NYSE: GL) has announced the conclusion of an investigation by the Securities and Exchange Commission (SEC) without any enforcement action. The company, headquartered in McKinney, TX, has a significant presence with more than 16,000 insurance agents and 3,600 corporate employees.
In terms of performance, Globe Life and its subsidiary companies have issued over 17 million life insurance policies, making them the leading life insurance company in the country. This demonstrates the company's strong market position and customer base.
The conclusion of the SEC investigation is likely to instill confidence in investors and stakeholders, as it signifies regulatory compliance and transparency within the company's operations.
For further details, interested parties can visit GlobeLifeInsurance.com. Following these announcements, the company's shares moved -0.72%, and are now trading at a price of $134.16. Check out the company's full 8-K submission here.