Globe Life Inc., a publicly traded insurance company based in Texas, was once flying high.
Its top insurance agents basked in luxury with lavish company retreats and expensive sports cars.
Related storyBy August 2023, Warren Buffett's Berkshire Hathaway had dumped over half of its 6.35 million shares of Globe Life.
By then, Berkshire Hathaway had sold off all its shares in Globe Life.
"It's disappointing that Globe Life neglected to address the evidence of insurance fraud and sexual misconduct that we uncovered."
Persons:
—, Arias, Simon Arias III, Wolf, Renee Zinsky, Mike Russin, BI's, Warren Buffett's Berkshire Hathaway, Simon Arias, Abeni Mayfield, Berkshire Hathaway, AIL, Panda, Susan Antilla's, Nate Koppikar, Zinsky, Russin
Organizations:
Service, Business, of Justice, Life Inc, Arias Organization, Globe, Arias, Commission, AIL, Organization, BI, Department of Justice, Globe Life, Life, DOJ
Locations:
Texas, Pennsylvania