UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
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Emerging growth company
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| Item 8.01 | Other Events |
On March 12, 2024, the former subsidiary of Verisk Analytics, Inc. (the “Company”) within the Company’s former Financial Services segment, which was sold to TransUnion LLC (“TransUnion”) in April 2022, entered into an agreement with the United States Department of Justice to pay $37 million to resolve certain potential civil claims related to government contracts within the former Financial Services segment. Under the stock purchase agreement the Company entered into with TransUnion pursuant to which TransUnion acquired the Company’s former Financial Services segment, the Company agreed to indemnify TransUnion for certain losses with respect to this matter, including the settlement amount.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VERISK ANALYTICS, INC. | ||||||||
| Date: March 12, 2024 | By: | /s/ Kathy Card Beckles | ||||||
| Name: | Kathy Card Beckles | |||||||
| Title: | Executive Vice President and Chief Legal Officer | |||||||
Document and Entity Information |
Mar. 12, 2024 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001442145 |
| Document Type | 8-K |
| Document Period End Date | Mar. 12, 2024 |
| Entity Registrant Name | VERISK ANALYTICS, INC. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-34480 |
| Entity Tax Identification Number | 26-2994223 |
| Entity Address, Address Line One | 545 Washington Boulevard |
| Entity Address, City or Town | Jersey City |
| Entity Address, State or Province | NJ |
| Entity Address, Postal Zip Code | 07310 |
| City Area Code | (201) |
| Local Phone Number | 469-3000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock $.001 par value |
| Trading Symbol | VRSK |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
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