Report Alleges Fraud and Misconduct at Globe Life Insurance
• Fuzzy Panda published a report accusing Globe Life of widespread insurance fraud based on interviews with former executives and undercover investigations • The report claims Globe Life agents were instructed to lie to regulators and offered cash and drugs as incentives • It also highlights sexual assault allegations against Globe Life employees • Warren Buffett recently sold his stake in Globe Life after 20 years as an investor • Globe Life stock dropped 17.5% on the day the report was published