navigation search a major contributor to this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . june 2012 learn how and when to remove this template message globe life and accident insurance company type subsidiary of torchmark corporation industry life insurance founded 1951 founder ralph reece john singletary headquarters oklahoma city oklahoma area served united states key people bill leavell president products life insurance and supplemental health website http www.globelifeinsurance.com globe life and accident insurance company based in oklahoma city oklahoma provides life and health insurance coverage nationwide . globe life is the largest issuer of ordinary individual life insurance policies in the u.s. since 2003 as reported by credit rating agency am best based on number of policies . 1 globe life and accident insurance company hereafter referred to as globe globe life or the company was founded in 1951 . the company s executive offices are housed in oklahoma city and mckinney tx . globe life has more than 3.9 million policyholders as of august 2013 . citation needed the company has over 66 billion of insurance in force as of august 2013 . citation needed the company is a wholly owned subsidiary of torchmark corporation nyse tmk based in mckinney texas . 2 contents 1 history 2 globe life park in arlington 3 president & ceo 4 company reputation 5 employee service division 6 references history edit in 1951 the company was chartered by two longtime friends ralph reece and john singletary with 60 000 of borrowed capital . globe originally sold inexpensive but dependable life insurance protection to rural oklahoma communities . since 1951 globe life has grown in financial strength and reputation consistently receiving high industry ratings . today globe life markets through direct mail internet and call center sales . globe life has earned the a superior financial strength rating as of june 2015 from a.m. best company . 3 globe has had an a superior rating or higher since 1991 . citation needed the company s life insurance premium has grown from approximately 221 million in 1998 4 to approximately 424 million in 2005 to approximately 702 million in 2014 . 5 globe life park in arlington edit on february 5 2014 globe life and accident insurance company purchased the naming rights to globe life park in arlington the stadium of the texas rangers major league baseball team in arlington texas . the agreement is for ten years starting in 2014 and going through the 2023 baseball season . 6 as part of the agreement globe life made a substantial commitment to support youth baseball and softball programs through the globe life texas rangers baseball and softball grant program . 7 president & ceo edit charles f. hudson was the senior vice president of globe life from august 2001 through august 2005 . he became president and ceo in august 2005 and retired in november of 2014 . 8 bill leavell was named president of globe life in october of 2013 . 9 company reputation edit the company has an a better business bureau rating on a scale of a to f and has over 376 closed complaints . 10 in a 2002 lawsuit globe life was fined a civil penalty of 5 000 for failing to pay interest on death claims in oregon . 11 employee service division edit in 1972 globe life discovered a need for civil service employees to supplement their life insurance benefits . as a result globe life formed its employee services division esd to service the government marketplace at the state and federal levels and has developed special life and health insurance products to continually meet those needs . through globe s supplemental insurance program government members and their families can purchase ordinary life or term insurance protection designed to pick up where their federal employee government life insurance or fegli leaves off . 12 references edit globe life and texas rangers baseball foundation to partner on baseball and softball grant program again in 2015 . retrieved 19 june 2015 . best s insurance reports life health united states & canada 2008 edition volume i. a.m. best affirms ratings of torchmark corporation and its subsidiaries . retrieved 19 june 2015 . torchmark corporation 1998 annual report pdf . retrieved 19 june 2015 . torchmark corporation 2014 annual report pdf . retrieved 19 june 2015 . espn rangers sell naming rights to globe life . retrieved 19 june 2015 . globe life and texas rangers baseball foundation to partner on baseball and softball grant program again in 2015 . retrieved 19 june 2015 . forbes charles f. hudson . retrieved 21 june 2010 . rueters bill leavell . retrieved 19 june 2015 . globe life and accident insurance company . retrieved 19 june 2015 . stipulation and final order globe life case no . ins 02 08 005 pdf . state of oregon . globe life esd . archived from the original on december 15 2010 . retrieved 17 march 2011 . v t e major corporations within the oklahoma city metropolitan area nyse listed chesapeake energy continental resources devon energy og e energy paycom sandridge energy tronox nasdaq listed bancfirst sonic drive in major private companies ackerman mcqueen american fidelity assurance braum s digital designs globe life and accident insurance company griffin communications hobby lobby love s travel stops midfirst bank the oklahoman taco mayo tyler media group law firms crowe & dunlevy retrieved from https en.wikipedia.org w index.php title globe life and accident insurance company & oldid 743587909 categories life insurance companiescompanies established in 1951companies based in oklahoma citytorchmark corporation subsidiarieshidden categories wikipedia articles with possible conflicts of interest from june 2012all articles with unsourced statementsarticles with unsourced statements from august 2013articles with 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