Globe Life Inc. is facing severe allegations of fraud and misconduct according to a new report by Viceroy Research. The report, which has been highlighted by Business Insider, accuses Globe Life of pervasive fraud within its American Income Life (AIL) division, including the submission of 10 phony insurance applications. It also mentions new regulatory actions triggered by these allegations, where a former agent admitted to being taught to produce fake applications. Additionally, the report sheds light on more than a dozen arbitration cases alleging that agents classified as contractors should be recognized as employees. Amidst these controversies, Globe Life announced a $1.3 billion stock buyback program and was described in the Viceroy report with the phrase 'Sell cancer.'