Verisk Analytics (VRSK) 10-Q 2 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Oct. 29, 2021
Document Information [Line Items]
Entity Central Index Key	0001442145
Entity Registrant Name	Verisk Analytics, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-34480
Entity Incorporation, State or Country Code	DE
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	07310-1686
City Area Code	201
Local Phone Number	469-3000
Title of 12(b) Security	Common Stock $.001 par value
Trading Symbol	VRSK
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		161,161,375

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 302.1	$ 218.8
Accounts receivable, net of allowance for doubtful accounts of $24.2 and $17.7, respectively	468	432.4
Prepaid expenses	102.9	81.2
Income taxes receivable	21	25.4
Other current assets	40.1	36.4
Total current assets	934.1	794.2
Noncurrent assets:
Fixed assets, net	674.6	632.3
Operating lease right-of-use assets, net	257.6	267.6
Intangible assets, net	1,265.3	1,384.8
Goodwill	4,129.5	4,108.1
Deferred income tax assets	8.7	9.1
Other noncurrent assets	392.7	365.7
Total assets	7,662.5	7,561.8
Current liabilities:
Accounts payable and accrued liabilities	440	407.3
Short-term debt and current portion of long-term debt	766.6	514.3
Deferred revenues	584.4	466.7
Operating lease liabilities	41.3	38.7
Income taxes payable	10.8	3.8
Total current liabilities	1,843.1	1,430.8
Noncurrent liabilities:
Long-term debt	2,343.1	2,699.6
Deferred income tax liabilities	434.8	396.9
Operating lease liabilities	259	271.6
Other noncurrent liabilities	48.7	64.7
Total liabilities	4,928.7	4,863.6
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $.001 par value; 2,000,000,000 shares authorized; 544,003,038 shares issued; 161,415,070 and 162,817,526 shares outstanding, respectively	0.1	0.1
Additional paid-in capital	2,567.4	2,490.9
Treasury stock, at cost, 382,587,968 and 381,185,512 shares, respectively	(4,570.2)	(4,179.3)
Retained earnings	5,145.7	4,762.2
Accumulated other comprehensive losses	(428.6)	(375.7)
Total Verisk stockholders' equity	2,714.4	2,698.2
Noncontrolling interest	19.4	0
Total stockholders’ equity	2,733.8	2,698.2
Total liabilities and stockholders’ equity	$ 7,662.5	$ 7,561.8

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Allowance for doubtful accounts	$ 24.2	$ 17.7
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	2,000,000,000	2,000,000,000
Common stock issued (in shares)	544,003,038	544,003,038
Common stock outstanding (in shares)	161,415,070	162,817,526
Treasury stock (in shares)	382,587,968	381,185,512

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 759	$ 702.7	$ 2,232.6	$ 2,071.2
Operating expenses:
Cost of revenues (exclusive of items shown separately below)	265.3	240	792.6	733.4
Selling, general and administrative	115.1	96.4	346.3	304.8
Depreciation and amortization of fixed assets	52.1	49.4	153.9	141.3
Amortization of intangible assets	37.6	41.5	133.1	123.6
Other operating income	0	0	0	(19.4)
Total operating expenses	470.1	427.3	1,425.9	1,283.7
Operating income	288.9	275.4	806.7	787.5
Other income (expense):
Investment income (loss) and others, net	0.1	(0.1)	1.3	(3.1)
Interest expense	(29.9)	(35.3)	(96.8)	(102.9)
Total other expense, net	(29.8)	(35.4)	(95.5)	(106)
Income before income taxes	259.1	240	711.2	681.5
Provision for income taxes	(54.2)	(54.2)	(186.7)	(145)
Net income	204.9	185.8	524.5	536.5
Less: Net income attributable to noncontrolling interest	(3.2)	0	(0.2)	0
Net income attributable to Verisk	$ 201.7	$ 185.8	$ 524.3	$ 536.5
Basic net income per share attributable to Verisk (in dollars per share)	$ 1.25	$ 1.14	$ 3.24	$ 3.30
Diluted net income per share attributable to Verisk (in dollars per share)	$ 1.24	$ 1.12	$ 3.21	$ 3.24
Weighted-average shares outstanding:
Basic (in shares)	161,366,544	162,502,191	162,005,382	162,589,473
Diluted (in shares)	162,792,791	165,731,226	163,425,349	165,519,899

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 204.9	$ 185.8	$ 524.5	$ 536.5
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	(80.4)	115	(55.2)	(57.7)
Pension and postretirement liability adjustment	0.7	1.3	2.3	3.7
Total other comprehensive (loss) income	(79.7)	116.3	(52.9)	(54)
Comprehensive income	125.2	302.1	471.6	482.5
Less: Net income attributable to noncontrolling interest	(3.2)	0	(0.2)	0
Change in foreign currency translation adjustment attributable to noncontrolling interest	0.5	0	0.6	0
Comprehensive income attributable to Verisk	$ 122.5	$ 302.1	$ 472	$ 482.5

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Millions		Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Treasury Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Noncontrolling Interest [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2019		544,003,038
Balance at Dec. 31, 2019		$ 0.1	$ 2,369.1	$ (3,849.9)	$ 4,228.4	$ (486.9)	$ 2,260.8	$ 0	$ 2,260.8	$ 0	$ 0	$ 0	$ (2.4)	$ 0	$ (2.4)	$ 0	$ (2.4)
Net income										0	0	0	536.5	0	536.5	0	536.5
Other comprehensive loss										0	0	0	0	(54)	(54)	0	(54)
Less: Comprehensive loss attributable to noncontrolling interest																	0
Common stock dividend (1)	[1]									0	0	0	(132.1)	0	(132.1)	0	(132.1)
Treasury stock acquired										0	0	(298.8)	0	0	(298.8)	0	(298.8)
Stock options exercised										0	57.9	13.9	0	0	71.8	0	71.8
Restricted stock lapsed										0	(1.5)	1.5	0	0	0	0	0
Stock-based compensation expense										0	39.1	0	0	0	39.1	0	39.1
Net share settlement from restricted stock awards										0	(3.5)	0	0	0	(3.5)	0	(3.5)
Other stock issuances										$ 0	3.5	0.4	0	0	3.9	0	3.9
Balance (in shares) at Sep. 30, 2020										544,003,038
Balance at Sep. 30, 2020										$ 0.1	2,464.6	(4,132.9)	4,630.4	(540.9)	2,421.3	0	2,421.3
Balance (in shares) at Jun. 30, 2020										544,003,038
Balance at Jun. 30, 2020										$ 0.1	2,432.8	(4,088.4)	4,488.8	(657.2)	2,176.1	0	2,176.1
Net income										0	0	0	185.8	0	185.8	0	185.8
Other comprehensive loss										0	0	0	0	116.3	116.3	0	116.3
Less: Comprehensive loss attributable to noncontrolling interest																	0
Common stock dividend (1)	[1]									0	0	0	(44.2)	0	(44.2)	0	(44.2)
Treasury stock acquired										0	0	(50)	0	0	(50)	0	(50)
Stock options exercised										0	20.7	5.3	0	0	26	0	26
Restricted stock lapsed										0	0	0	0	0	0	0	0
Stock-based compensation expense										0	10	0	0	0	10	0	10
Net share settlement from restricted stock awards										0	0	0	0	0	0	0	0
Other stock issuances										$ 0	1.1	0.2	0	0	1.3	0	1.3
Balance (in shares) at Sep. 30, 2020										544,003,038
Balance at Sep. 30, 2020										$ 0.1	2,464.6	(4,132.9)	4,630.4	(540.9)	2,421.3	0	2,421.3
Balance (in shares) at Dec. 31, 2020										544,003,038
Balance at Dec. 31, 2020										$ 0.1	2,490.9	(4,179.3)	4,762.2	(375.7)	2,698.2	0	2,698.2
Net income										0	0	0	524.5	0	524.5	0	524.5
Other comprehensive loss										0	0	0	0	(52.9)	(52.9)	0	(52.9)
Less: Comprehensive loss attributable to noncontrolling interest										0	0	0	(0.2)	0	(0.2)		(0.6)
Less: Comprehensive loss attributable to noncontrolling interest																(0.4)	0.2
Common stock dividend (1)	[1]									0	0	0	(140.8)	0	(140.8)	0	(140.8)
Treasury stock acquired										0	0	(400)	0	0	(400)	0	(400)
Stock options exercised										0	38	6.6	0	0	44.6	0	44.6
Restricted stock lapsed										0	(2.1)	2.1	0	0	0	0	0
Stock-based compensation expense										0	47.4		0	0	47.4	0	47.4
Net share settlement from restricted stock awards										0	(11.2)	0	0	0	(11.2)	0	(11.2)
Other stock issuances										0	4.4	0.4	0	0	4.8	0	4.8
Investment in noncontrolling interest										$ 0	0	0	0	0	0	19.8	19.8
Balance (in shares) at Sep. 30, 2021										544,003,038
Balance at Sep. 30, 2021										$ 0.1	2,567.4	(4,570.2)	5,145.7	(428.6)	2,714.4	19.4	2,733.8
Balance (in shares) at Jun. 30, 2021										544,003,038
Balance at Jun. 30, 2021										$ 0.1	2,534.9	(4,423.6)	4,991	(348.9)	2,753.5	16.7	2,770.2
Net income										0	0	0	204.9	0	204.9	0	204.9
Other comprehensive loss										0	0	0	0	(79.7)	(79.7)	0	(79.7)
Less: Comprehensive loss attributable to noncontrolling interest										0	0	0	(3.2)	0	(3.2)		(0.5)
Less: Comprehensive loss attributable to noncontrolling interest																2.7	3.2
Common stock dividend (1)	[1]									0	0	0	(47)	0	(47)	0	(47)
Treasury stock acquired										0	0	(150)	0	0	(150)	0	(150)
Stock options exercised										0	20.1	3.2	0	0	23.3	0	23.3
Restricted stock lapsed										0	0	0	0	0	0	0	0
Stock-based compensation expense										0	11.2	0	0	0	11.2	0	11.2
Net share settlement from restricted stock awards										0	(0.2)	0	0	0	(0.2)	0	(0.2)
Other stock issuances										$ 0	1.4	0.2	0	0	1.6	0	1.6
Balance (in shares) at Sep. 30, 2021										544,003,038
Balance at Sep. 30, 2021										$ 0.1	$ 2,567.4	$ (4,570.2)	$ 5,145.7	$ (428.6)	$ 2,714.4	$ 19.4	$ 2,733.8
[1]	Refer to Note 11. Stockholders' Equity for discussion related to quarterly cash dividends declared per share

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Payment Arrangement, Option [Member]
Net share settlement (in shares)	274,052		572,213	25,187
Shares transferred from treasury stock (in shares)		492,135		1,308,469
Restricted Stock [Member]
Net share settlement (in shares)	1,204	288	57,020
Shares transferred from treasury stock (in shares)		1,721	182,824	137,811
Other stock issuances (in shares)	11,647	13,637	35,287	35,792
Treasury stock acquired (in shares)	798,242	276,290	2,192,780	1,892,187
Shares transferred from treasury stock (in shares)	1,294

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income	$ 204.9	$ 185.8	$ 524.5	$ 536.5
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of fixed assets	52.1	49.4	153.9	141.3
Amortization of intangible assets	37.6	41.5	133.1	123.6
Amortization of debt issuance costs and original issue discount, net of original issue premium	0.4	0.5	1.1	1.3
Provision for doubtful accounts	4.3	1.4	13	6.8
Gain on sale of assets	0	0	0	(19.4)
Stock-based compensation expense	11.2	10	47.4	39.1
Deferred income taxes	1.3	12.4	33.9	10.9
Loss on disposal of fixed assets, net	0.1	0.1	0.1	0.5
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable	(7.9)	26.8	(48.9)	(3.6)
Prepaid expenses and other assets	(4.4)	(8.3)	(27.5)	(62.1)
Operating lease right-of-use assets, net	9.9	9.3	30.9	28.6
Income taxes	10.9	(63.3)	11.5	3.3
Accounts payable and accrued liabilities	49.2	39.2	29.2	(75.5)
Deferred revenues	(71.2)	(90.5)	116.5	94.3
Operating lease liabilities	(10.5)	(8.7)	(31)	(16.6)
Other liabilities	(2.7)	1.5	(20.6)	10.2
Net cash provided by operating activities	285.2	207.1	967.1	819.2
Cash flows from investing activities:
Acquisitions and purchase of controlling interest, net of cash acquired of $0.0 and $5.2; and $5.7 and $5.2, respectively	(17.9)	(151.9)	(49.4)	(151.9)
Proceeds from sale of assets	0	0	0	23.1
Investments in nonpublic companies	(6)	0	(21.1)	(63.8)
Escrow funding associated with acquisitions	(2.4)	(8)	(7.2)	(8)
Capital expenditures	(61.4)	(64.8)	(183.1)	(174.4)
Payment of contingent liability related to acquisitions	0	0	(1.2)	0
Other investing activities, net	0	5.7	0.8	10.3
Net cash used in investing activities	(87.7)	(219)	(261.2)	(364.7)
Cash flows from financing activities:
Proceeds (repayments) from short-term debt, net	15	0	355	(495)
Repayment of current portion of long-term debt	0	0	(450)	0
Proceeds from issuance of short-term debt with original maturities greater than three months	0	0	0	20
Repayment of short-term debt with original maturities greater than three months	0	0	0	(20)
Proceeds from issuance of long-term debt, inclusive of original issue premium and net of original issue discount	0	0	0	494.8
Payment of debt issuance costs	0	(0.1)	0	(5.7)
Repurchases of common stock	(150)	(50)	(400)	(298.8)
Proceeds from stock options exercised	23.9	26	44.9	68.3
Net share settlement of taxes from restricted stock and performance share awards	(0.2)	0	(11.2)	(3.5)
Dividends paid	(46.8)	(43.9)	(141)	(131.8)
Payment of contingent liability related to acquisitions	0	0	0	(34.2)
Other financing activities, net	(11.1)	(8.5)	(14.8)	(13)
Net cash used in financing activities	(169.2)	(76.5)	(617.1)	(418.9)
Effect of exchange rate changes	(2.5)	0.8	(5.5)	1.3
Net increase (decrease) in cash and cash equivalents	25.8	(87.6)	83.3	36.9
Cash and cash equivalents classified within current assets held for sale, beginning of period	0	0	0	0.3
Cash and cash equivalents, beginning of period	276.3	309.4	218.8	184.6
Cash and cash equivalents, end of period	302.1	221.8	302.1	221.8
Supplemental disclosures:
Income taxes paid	45.8	107.1	144.7	132.8
Interest paid	21.2	19.2	90.9	82.9
Noncash investing and financing activities:
Deferred tax liability established on date of acquisition	1.1	1.8	5.5	1.8
Finance lease additions	1.9	23.8	4.5	25.4
Operating lease additions, net of terminations	11.6	2.3	21	47.5
Fixed assets included in accounts payable and accrued liabilities	10.5	1.1	10.5	1.1
Gain on sale of assets included in other current and long-term assets	0	0	0	3.5
Held for sale assets contributed to a nonpublic company	$ 0	$ 0	$ 0	$ 65.9

Note 1 - Organization

Note 1 - Organization	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Verisk Analytics, Inc. is a data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using various technologies to collect and analyze billions of records, we draw on numerous data assets and domain expertise to provide first We were established to serve as the parent holding company of Insurance Services Office, Inc. ("ISO") upon the completion of the initial public offering ("IPO"), which occurred on October 9, 2009. 1971 Since January 2020, 2019 19" 19. not .

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. Our accompanying unaudited condensed consolidated financial statements have been prepared on the basis of accounting principles generally accepted in the U.S. ("U.S. GAAP"). The preparation of financial statements in conformity with these accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include acquisition purchase price allocations, the fair value of goodwill, the realization of deferred tax assets and liabilities, acquisition-related liabilities, fair value of stock-based compensation for stock options and performance share units granted, and assets and liabilities for pension and postretirement benefits. Actual results may Our condensed consolidated financial statements as of September 30, 2021 three nine September 30, 2021 2020 three nine September 30, 2021 not three nine September 30, 2021 10 December 31, 2020 Recent Accounting Pronouncements Accounting Standard Description Effective Date Effect on Consolidated Financial Statements or Other Significant Matters Income Tax (Topic 740 December 2019, No. 2019 12, No. 2019 12" The amendments in this guidance reflect the FASB’s effort to reduce the complexity of accounting standards while maintaining or enhancing the helpfulness of information provided to financial statement users. Changes include treatment of Hybrid tax regimes, tax basis step-up in goodwill obtained in a transaction that is not not Fiscal years beginning after December 15, 2020 We adopted this amendment on January 1, 2021 No. 2019 12 no Compensation-Retirement Benefits-Defined Benefit Plans - General (Subtopic 715 20 August 2018, No. 2018 14, No. 2018 14" This amendment removes certain disclosures that are not 715 20 50 3 Fiscal years ending after December 15, 2020 We adopted ASU No. 2018 14 December 31, 2020 No. 2018 14 not

Note 3 - Revenues

Note 3 - Revenues	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3. Disaggregated revenues by type of service and by country are provided below for the three nine September 30, 2021 2020 No of the U.S. accounted for 10.0% three nine September 30, 2021 2020 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Insurance: Underwriting & rating $ 390.5 $ 353.6 $ 1,156.0 $ 1,052.9 Claims 167.4 150.7 487.5 438.9 Total Insurance 557.9 504.3 1,643.5 1,491.8 Energy and Specialized Markets 165.9 158.1 484.4 460.8 Financial Services 35.2 40.3 104.7 118.6 Total revenues $ 759.0 $ 702.7 $ 2,232.6 $ 2,071.2 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Revenues: United States ("U.S.") $ 568.4 $ 537.6 $ 1,698.3 $ 1,584.2 United Kingdom ("U.K.") 53.4 46.2 152.1 136.0 Other countries 137.2 118.9 382.2 351.0 Total revenues $ 759.0 $ 702.7 $ 2,232.6 $ 2,071.2 C ontract assets are defined as an entity's right to consideration in exchange for goods or services that the entity has transferred to a customer when that right is conditioned on something other than the passage of time. As of September 30, 2021 and December 31, 2020 , we had no contract assets. Contract liabilities are defined as an entity's obligation to transfer goods or services to a customer for which the entity has received consideration (an amount of consideration is due) from the customer. As of September 30, 2021 and December 31, 2020 , we had contract liabilities of $587.0 million and $468.2 million, respectively, which relate to future performance obligations that have not December 31, 2020 to September 30, 2021 was primarily due to billings of $449.1 million that were paid in advance, partially offset by $330.3 million of revenue recognized in the nine months ended September 30, 2021 . Contract liabilities, which are current and noncurrent, are included in "Deferred revenues" and "Other noncurrent liabilities" in our condensed consolidated balance sheets, respectively, as of September 30, 2021 and December 31, 2020 . Our most significant remaining performance obligations relate to providing customers with the right to use and update the online content over the remaining contract term. The disclosure of the timing for satisfying the performance obligation is based on the requirements of contracts with customers. However, from time to time, these contracts may one September 30, 2021 and December 31, 2020 , respectively. We recognize an asset for incremental costs of obtaining a contract with a customer if we expect the benefits of those costs to be longer than one September 30, 2021 and December 31, 2020 , we had deferred commissions of $84.0 million and $73.8 million, respectively, which have been included in "Prepaid expenses" and "Other noncurrent assets" in our accompanying condensed consolidated balance sheets.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4. We have certain assets and liabilities that are reported at fair value in our accompanying condensed consolidated balance sheets. To increase consistency and comparability of assets and liabilities recorded at fair value, Accounting Standards Codification ("ASC") 820 10, Fair Value Measurements 820 10" three 820 10 820 10, Level 1 Assets or liabilities for which the identical item is traded on an active exchange, such as publicly-traded instruments. Level 2 Assets or liabilities valued based on observable market data for similar instruments. Level 3 Assets or liabilities for which significant valuation assumptions are not The fair values of cash and cash equivalents, accounts receivable, accounts payable and accrued lia bilities, and short-term debt approximate their carrying amounts because of the short-term nature of these instruments. Our investments in registered investment companies, which are Level 1 September 30, 2021 and December 31, 2020 , respectively. Our investments in registered investment companies are valued using quoted prices in active markets multiplied by the number of shares owned and We elected not September 30, 2021 December 31, 2020 2021 2020 Fair Value Carrying Estimated Carrying Estimated Hierarchy Value Fair Value Value Fair Value Financial instruments not carried at fair value: Senior notes (Note 10) Level 2 $ 2,691.6 $ 3,028.4 $ 3,140.8 $ 3,652.2 On February 1, 20 20, May 25, 2021, September 30, 2021 and December 31, 2020, Note 7 . Dispositions for further discussion. As of September 30, 2021 and December 31, 2020 , we had securities of $161.6 million and $143.1 million, respectively, which were accounted for as cost-based investments. We do not September 30, 2021 and December 31, 2020 , we also had investments in private companies of $51.8 million and $49.5 million, respectively, accounted for in accordance with ASC 323 10 25, The Equity Method of Accounting for Investments in Common Stock ("ASC 323 10 25" three nine September 30, 2021 , there was no provision for credit losses related to these investments.

Note 5 - Leases

Note 5 - Leases	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Lessee, Operating and Finance Leases [Text Block]	5. We have operating and finance leases for corporate offices, data centers, and certain equipment that are accounted for under ASC 842, Leases 842" include the options to extend for up to twenty one The following table presents lease cost and cash paid for amounts included in the measurement of lease liabilities for finance and operating leases for the three nine September 30, 2021 2020 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Lease cost: Operating lease cost (1) $ 13.0 $ 13.4 $ 39.4 $ 38.7 Sublease income (0.4 ) — (1.2 ) — Finance lease costs: Depreciation of finance lease assets (2) 3.9 3.1 10.7 6.2 Interest on finance lease liabilities (3) 0.2 0.2 0.6 0.5 Total lease cost $ 16.7 $ 16.7 $ 49.5 $ 45.4 Other information: Cash paid for amounts included in the measurement of lease liabilities Operating cash outflows from operating leases $ (12.9 ) $ (13.4 ) $ (38.3 ) $ (39.0 ) Operating cash outflows from finance leases $ (0.2 ) $ (0.2 ) $ (0.6 ) $ (0.5 ) Financing cash outflows from finance leases $ (11.1 ) $ (8.6 ) $ (14.8 ) $ (13.0 ) _______________ ( 1 ( 2 ( 3 The following table presents weighted-average remaining lease terms and weighted-average discount rates for finance and operating leases as of September 30, 2021 2020 September 30, 2021 2020 Weighted-average remaining lease term - operating leases (in years) 8.6 9.3 Weighted-average remaining lease term - finance leases (in years) 1.7 2.6 Weighted-average discount rate - operating leases 3.8 % 4.1 % Weighted-average discount rate - finance leases 3.9 % 4.0 % Our ROU assets and lease liabilities for finance le ases were $20.8 million and $14.4 million, respectively, as of September 30, 2021 . Our ROU assets and lease liabilities for finance leases were $27.1 million and $24.7 million, December 31, 2020 Note 10 Maturities of lease liabilities for the remainder of 2021 2026 September 30, 2021 Years Ending Operating Leases Finance Leases 2021 $ 13.3 $ 1.8 2022 50.8 12.4 2023 48.2 1.2 2024 39.2 0.2 2025 34.6 0.1 2026 and thereafter 173.0 — Total lease payments 359.1 15.7 Less: Amount representing interest (58.8 ) (1.3 ) Present value of total lease payments $ 300.3 $ 14.4

Note 6 - Acquisitions

Note 6 - Acquisitions	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	6. 2021 For the nine September 30, 2021 acquisitions and a purchase of controlling interest totaling $56.6 million. On September 1, 2021, On June 17, 2021, On March 2, 2021, 49% ownership interest in Whitespace will be acquired by us, in three three The preliminary purchase price allocation of the 2021 Total Cash and cash equivalents $ 5.7 Accounts receivable 2.6 Other current assets 1.0 Fixed assets 0.1 Operating lease right-of-use assets, net 0.9 Intangible assets 25.3 Goodwill 61.0 Other assets 4.8 Total assets acquired 101.4 Current liabilities 3.3 Deferred revenues 4.7 Operating lease liabilities 1.0 Deferred income tax, net 5.5 Other liabilities 4.8 Total liabilities assumed 19.3 Net assets acquired 82.1 Less: Noncontrolling interest 19.8 Less: Cash acquired 5.7 Net cash purchase price $ 56.6 The preliminary amounts assigned to intangible assets by type for the 2021 Weighted Average Useful Life (in years) Total Technology-based 4 $ 5.6 Marketing-related 5 1.0 Customer-related 11 16.3 Database-based 2 2.4 Total intangible assets $ 25.3 The preliminary allocations of the purchase price for the 2021 2020 may not one not not For the three nine September 30, 2021 , we incurred transaction costs of $0.1 million and $0.9 million, respectively. For the three nine September 30, 2020 , we incurred transaction costs of $0.5 million. The transaction costs were included within "Selling, general and administrative" expenses in our accompanying condensed consolidated statements of operations. The 2021 three nine September 30, 2021 2020 , and therefore, supplemental information disclosure on an unaudited pro forma basis is not Acquisition Escrows and Related Liabilities Pursuant to the related acquisition agreements, we have funded various escrow accounts to satisfy pre-acquisition indemnity and tax claims arising subsequent to the applicable acquisition dates. At September 30, 2021 and December 31, 2020 , the current portion of the escrows amounted to $17.7 million and $1.7 million, respectively, and the noncurrent portion of the escrows amounted to $4.6 million and $18.5 million, respectively. The current and noncurrent portions of the escrows have been included in "Other current assets" and "Other noncurrent assets" in our accompanying condensed consolidated balance sheets, respectively. The acquisitions of Arium Limited and Rebmark Legal Solutions Limited included acquisition-related contingent payments, for which the sellers of these acquisitions could receive additional payments by achieving the specific predetermined revenue, EBITDA, and EBITDA margin earn-out targets for exceptional performance. We believe that the liabilities recorded as of September 30, 2021 and December 31, 2020 reflect the best estimate of acquisition-related contingent payments. The associated current portion of contingent payments were $0.5 million and $0.6 million as of September 30, 2021 and December 31, 2020 , respectively. The associated noncurrent portion of contingent payments were $0.0 million and $0.2 million as of September 30, 2021 and December 31, 2020 , respectively.

Note 7 - Dispositions

Note 7 - Dispositions	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	7. On February 1, 2020, siness, including cash of $63.8 million, in exchange for a noncontrolling 35.0% owne third not not no nine September 30, 2020 On February 14, 2020, eds of $23.1 million. A gain of $15.9 million nine September 30, 2020 On March 1, 2020, ed a gain of $3.5 million nine September 30, 2020

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	8. The following is a summary of the change in goodwill from December 31, 2020 September 30, 2021 Insurance Energy and Specialized Markets Financial Services Total Goodwill at December 31, 2020 $ 1,208.6 $ 2,423.6 $ 475.9 $ 4,108.1 Acquisitions and purchase of controlling interest 40.6 20.4 — 61.0 Purchase accounting reclassifications 1.1 — — 1.1 Current period adjustment (1) 15.8 (15.8 ) — — Foreign currency translation adjustment (7.1 ) (33.1 ) (0.5 ) (40.7 ) Goodwill at September 30, 2021 $ 1,259.0 $ 2,395.1 $ 475.4 $ 4,129.5 _____________ ( 1 Note 14 Goodwill and intangible assets with indefinite lives are subject to impairment testing annually as of June 30, may not not June 30, 2021 no three September 30, 2021 June 30, 2021. Our intangible assets and related accumulated amortization consisted of the following: Weighted Average Useful Life (in years) Cost Accumulated Amortization Net September 30, 2021 Technology-based 7 $ 561.3 $ (389.0 ) $ 172.3 Marketing-related 15 273.6 (125.6 ) 148.0 Contract-based 6 5.0 (5.0 ) — Customer-related 13 1,013.3 (407.5 ) 605.8 Database-based 18 496.3 (157.1 ) 339.2 Total intangible assets $ 2,349.5 $ (1,084.2 ) $ 1,265.3 December 31, 2020 Technology-based 7 $ 559.6 $ (349.5 ) $ 210.1 Marketing-related 16 275.2 (113.4 ) 161.8 Contract-based 6 5.0 (5.0 ) — Customer-related 13 1,004.3 (354.2 ) 650.1 Database-based 19 501.0 (138.2 ) 362.8 Total intangible assets $ 2,345.1 $ (960.3 ) $ 1,384.8 Amortization expense re lated to intangible assets for the three September 30, 2021 2020 was $37.6 million and $41.5 million, respectively. Amortization expense related to intangible assets for the nine September 30, 2021 2020 was $133.1 million and $123.6 million, respectively. Estimated amortization expense for the remainder of 2021 and the years through 2026 Years Ending Amount 2021 $ 43.6 2022 159.5 2023 145.8 2024 140.2 2025 115.3 2026 and thereafter 660.9 Total $ 1,265.3

Note 9 - Income Taxes

Note 9 - Income Taxes	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Our effective tax rate for the three nine September 30, 2021 was 20.9% and 26.3% compared to the effective tax rate for the three nine September 30, 2020 of 22.6% and 21.3%. three September 30, 2021 three September 30, 2020 September 30, 2020. nine September 30, 2021 nine September 30, 2020 second 2021,

Note 10 - Debt

Note 10 - Debt	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	10. The following table presents short-term and long-term debt by issuance as of September 30, 2021 December 31, 2020 Issuance Date Maturity Date 2021 2020 Short-term debt and current portion of long-term debt: Syndicated revolving credit facility Various Various $ 405.0 $ 50.0 Senior notes: 4.125 0.6 9/12/2012 9/12/2022 349.4 — 5.800 0.1 4/6/2011 5/1/2021 — 449.9 Finance lease liabilities (1) Various Various 12.2 14.4 Short-term debt and current portion of long-term debt 766.6 514.3 Long-term debt: Senior notes: 3.625 10.4 10.7 5/13/2020 5/15/2050 489.6 489.3 4.125 11.3 12.4 3/6/2019 3/15/2029 611.3 612.4 4.000 4.5 5.4 5/15/2015 6/15/2025 895.5 894.6 5.500 4.2 4.3 5/15/2015 6/15/2045 345.8 345.7 4.125 1.1 9/12/2012 9/12/2022 — 348.9 Finance lease liabilities (1) Various Various 2.2 10.3 Syndicated revolving credit facility debt issuance costs Various Various (1.3 ) (1.6 ) Long-term debt 2,343.1 2,699.6 Total debt $ 3,109.7 $ 3,213.9 _______________ ( 1 Note 5 As of September 30, 2021 and December 31, 2020 , we had senior notes with an aggregate principal amount of $2,700.0 million and $3,150.0 million outstanding, respectively, and were in compliance with our financial and other debt covenants. As of September 30, 2021 , we had a $1,000.0 million committed senior unsecured Credit Facility (the "Credit Facility") with Bank of America N.A., HSBC Bank USA, N.A., JP Morgan Chase Bank, N.A., Wells Fargo Bank, National Association, Citibank, N.A., Credit Suisse AG, Cayman Islands Branch, Morgan Stanley Bank, N.A., First Commercial Bank, Ltd., Los Angeles Branch, TD Bank, N.A., and the Northern Trust Company. The Credit Facility may September 30, 2021 , we were in compliance with all financial and other debt covenants under the Credit Facility. As of September 30, 2021 and December 31, 2020 , the available capacity under the Credit Facility was $589.9 million and $944.6 million, net of the letters of credit of $5.1 million and $5.4 million, respectively. Subsequent to September 30, 2021,

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	11. We have 2,000,000,000 shares of authorized common stock as of September 30, 2021 and December 31, 2020 . Our common shares have rights to any dividend declared by the board of directors (the "Board"), subject to any preferential or other rights of any outstanding preferred stock, and voting rights to elect all current members of the Board. At September 30, 2021 and December 31, 2020, We have 80,000,000 shares of authorized preferred stock, par value $0.001 per share. The preferred shares have preferential rights over the common shares with respect to dividends and net distribution upon liquidation. We did not September 30, 2021 and December 31, 2020. On February 17, 2021, April 28, 2021, July 28, 2021, March 15, 2021, June 15, 2021, September 15, 2021, nine September 30, 2021 2020 and recorded as a reduction to retained earnings, respectively. Share Repurchase Program Since the introduction of share repurchase as a feature of our capital management strategies in 2010, August 17, 2021. September 30, 2021 , we had $678.8 million available to repurchase shares through our Repurchase Program. We have no 2021 "2021 2013 "2013 2009 "2009 no may In December 2020, March 2021, June 2021, 815 40, Contracts in Entity's Own Equity ("ASC 815 40" zero January 4, 2021, April 1, 2021, July 1, 2021, February 2021, May 2021, September 2021, nine months ended September 30, 2021 . These repurchases of 1,749,644 shares for the nine months ended September 30, 2021 resulted in a reduction of outstanding shares used to calculate the weighted average common shares outstanding for basic and diluted earnings per share ("EPS"). During the nine months ended September 30, 2021 , we repurchased 2,192,780 shares of common stock with an aggregate value of $400.0 million as part of the Repurchase Program, inclusive of the ASR, at a weighted average price of $182.41 per share. We utilized cash from operations and borrowings from our Credit Facility to fund these repurchases. Treasury Stock A s of September 30, 2021 , our treasury stock consisted of 382,587,968 shares of common stock, carried at cost. During the nine months ended September 30, 2021 , we transferred 790,324 shares of common stock from the treasury shares at a weighted average treasury stock price of $11.54 per share. Earnings Per Share Basic EPS is computed by dividing net income attributable to Verisk by the weighted average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding, using the treasury stock method, if the dilutive potential common shares, including vested and nonvested stock options, nonvested restricted stock awards, nonvested restricted stock units, nonvested performance awards consisting of performance share units ("PSU"), and nonvested deferred stock units, had been issued. The following is a presentation of the numerators and denominators of the basic and diluted EPS computations for the three nine September 30, 2021 2020 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator used in basic and diluted EPS: Net income attributable to Verisk $ 201.7 $ 185.8 $ 524.3 $ 536.5 Denominator: Weighted average number of common shares used in basic EPS 161,366,544 162,502,191 162,005,382 162,589,473 Effect of dilutive shares: Potential common shares issuable from stock options and stock-based awards 1,426,247 3,229,035 1,419,967 2,930,426 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 162,792,791 165,731,226 163,425,349 165,519,899 The potential shares of common stock that were excluded from diluted EPS were 740,090 and 40,741 for the three September 30, 2021 2020 , and 824,067 and 675,324 for t nine September 30, 2021 2020 Accumulated Other Comprehensive Losses The following is a summary of accumulated other comprehensive losses as of September 30, 2021 December 31, 2020 2021 2020 Foreign currency translation adjustment $ (347.4 ) $ (292.2 ) Pension and postretirement adjustment, net of tax (81.2 ) (83.5 ) Accumulated other comprehensive losses $ (428.6 ) $ (375.7 ) The before tax and after tax amounts of other comprehensive income (loss) for the three nine September 30, 2021 2020 Before Tax Tax (Expense) Benefit After Tax For the Three Months Ended September 30, 2021 Foreign currency translation adjustment $ (80.4 ) $ — $ (80.4 ) Pension and postretirement adjustment before reclassifications 2.1 (0.6 ) 1.5 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.1 ) 0.3 (0.8 ) Pension and postretirement adjustment 1.0 (0.3 ) 0.7 Total other comprehensive loss $ (79.4 ) $ (0.3 ) $ (79.7 ) For the Three Months Ended September 30, 2020 Foreign currency translation adjustment $ 115.0 $ — $ 115.0 Pension and postretirement adjustment before reclassifications 3.5 (0.8 ) 2.7 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.8 ) 0.4 (1.4 ) Pension and postretirement adjustment 1.7 (0.4 ) 1.3 Total other comprehensive income $ 116.7 $ (0.4 ) $ 116.3 Before Tax Tax (Expense) Benefit After Tax For the Nine Months Ended September 30, 2021 Foreign currency translation adjustment $ (55.2 ) $ — $ (55.2 ) Pension and postretirement adjustment before reclassifications 6.2 (1.6 ) 4.6 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (3.1 ) 0.8 (2.3 ) Pension and postretirement adjustment 3.1 (0.8 ) 2.3 Total other comprehensive loss $ (52.1 ) $ (0.8 ) $ (52.9 ) For the Nine Months Ended September 30, 2020 Foreign currency translation adjustment $ (57.7 ) $ — $ (57.7 ) Pension and postretirement adjustment before reclassifications 9.7 (2.3 ) 7.4 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (4.9 ) 1.2 (3.7 ) Pension and postretirement adjustment 4.8 (1.1 ) 3.7 Total other comprehensive loss $ (52.9 ) $ (1.1 ) $ (54.0 ) _______________ ( 1 These accumulated other comprehensive loss components, before tax, are included under "Cost of revenues" and "Selling, general and administrative" in our accompanying condensed consolidated statements of operations. These components are also included in the computation of net periodic (benefit) cost (see Note 13

Note 12 - Equity Compensation P

Note 12 - Equity Compensation Plans	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	12. On May 19, 2021 ( 2021 2013 2021 was 16,000,000, reduced by (i) one share for every one December 31, 2020 2013 two one one December 31, 2020 2013 2021 2013 2009 2021 may one 2021 September 30, 2021 , there were 14,907,596 shares of common stock reserved and available for future issuance under our 2021 nine months ended September 30, 2021 2020 was $44.9 million and $68.3 million, respectively. We grant equity awards to our key employees. The nonqualified stock options have an exercise price equal to the adjusted closing price of our common stock on the grant date, with a ten not three may four On January 15, 2021, four three July 1, 2021, one twelve A summary of the status of the stock options, restricted stock, and PSUs awarded under our 2021, 2013, 2009 December 31, 2020 September 30, 2021 Stock Option Restricted Stock PSU Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value Number of Shares Weighted Average Grant Date Fair Value Per Share Number of Shares Weighted Average Grant Date Fair Value Per Share (in millions) Outstanding at December 31, 2020 5,611,777 $ 98.28 $ 613.4 390,054 $ 131.63 145,609 $ 170.75 Granted 748,936 $ 189.26 155,500 $ 188.74 59,144 $ 210.07 Dividend reinvestment — $ — — $ — 773 N/A Exercised or lapsed (572,213 ) $ 78.63 $ 60.4 (165,065 ) $ 121.03 (42,610 ) $ 140.70 Canceled, expired or forfeited (129,363 ) $ 153.70 (23,890 ) $ 156.44 — Outstanding at September 30, 2021 5,659,137 $ 111.03 $ 505.0 356,599 $ 159.62 162,916 $ 192.99 Exercisable at September 30, 2021 3,765,059 $ 86.31 $ 429.1 Exercisable at December 31, 2020 3,494,164 $ 76.84 $ 456.9 Nonvested at September 30, 2021 1,894,078 356,599 162,916 Expected to vest at September 30, 2021 1,681,038 319,534 135,055 (1) ( 1 Includes estimated performance achievement The fair value of the stock options granted was estimated using a Black-Scholes valuation model that uses the weighted average assumptions noted in the following table for the nine September 30, 2021 2020 2021 2020 Option pricing model Black-Scholes Black-Scholes Expected volatility 23.66 % 18.41 % Risk-free interest rate 0.39 % 1.53 % Expected term in years 4.3 4.3 Dividend yield 0.63 % 0.71 % Weighted average grant date fair value per stock option $ 35.14 $ 25.77 The expected term for the stock options granted was estimated based on studies of historical experience and projected exercise behavior. However, for certain awards granted, for which no zero Intrinsic value for stock options is calculated based on the exercise price of the underlying awards and the adjusted closing price of our common stock as of the reporting date. Excess tax benefits from exercised stock options were recorded as income tax benefit in our condensed consolidated statements of operations. This tax benefit is calculated as the excess of the intrinsic value of options exercised and restricted stock lapsed in excess of compensation recognized for financial reporting purposes. The weighted average remaining contractual terms were 5.9 years and 4.7 years for the outstanding and exercisable stock options, respectively, as of September 30, 2021 . For the nine months ended September 30, 2021 , there was $100.9 million of total unrecognized compensation costs, exclusive of the impact of vesting upon retirement eligibility, related to nonvested stock-based compensation arrangements granted under our 2021 2013 ye ars. Our U.K. Sharesave Plan offers qualifying employees in the United Kingdom the opportunity to own shares of our common stock. Employees who elect to participate are granted stock options, of which the exercise price is equal to the average of the closing price on the five three nine months ended September 30, 2021 2020 , we granted 11,254 and 8,174 stock options under our U.K. Sharesave Plan. As of September 30, 2021 , there were 450,291 s hares of common stock reserved and available for future issuance under our U.K. Sharesave Plan. Our ESPP offers eligible employees the opportunity to purchase shares of our common stock at a discount of its fair market value at the time of purchase. During the nine months ended September 30, 2021 2020 , we issued 27,621 and 25,312 share s of common stock at a weighted discounted pric e of $173.61 and $155.14 for the ESPP, respectively. As of September 30, 2021 , there were 1,232,645 shares of common stock reserved and available for future issuance under our ESPP.

Note 13 - Pension and Postretir

Note 13 - Pension and Postretirement Benefits	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	13. We maintain a frozen qualified defined benefit pension plan for certain employees through membership in our Pension Plan for Insurance Organizations (the "Pension Plan"), a multiple-employer trust. We also apply a cash balance formula to determine future benefits. Under the cash balance formula, each participant has an account, which is credited annually based on the interest earned on the previous year-end cash balance. We also have a frozen non-qualified supplemental cash balance plan ("SERP") for certain employees. The SERP is funded from our general assets . first 2021, December 31, 2020. We also provide certain healthcare and life insurance benefits to certain qualifying active and retired employees. Our Postretirement Health and Life Insurance Plan (the "Postretirement Plan"), which has been frozen, is contributory, requiring participants to pay a stated percentage of the premium for coverage. The components of net periodic (benefit) cost for the three nine September 30, 2021 2020 Pension Plan and SERP Postretirement Plan For the Three Months Ended September 30, 2021 2020 2021 2020 Interest cost $ 2.7 $ 2.9 $ — $ — Expected return on plan assets (8.2 ) (7.9 ) (0.1 ) (0.1 ) Amortization of net actuarial loss 1.0 1.7 0.1 0.1 Net periodic benefit $ (4.5 ) $ (3.3 ) $ — $ — Employer contributions, net $ 0.2 $ 0.2 $ 1.3 $ 0.1 Pension Plan and SERP Postretirement Plan For the Nine Months Ended September 30, 2021 2020 2021 2020 Interest cost $ 8.3 $ 9.8 $ 0.1 $ 0.1 Expected return on plan assets (24.6 ) (22.3 ) (0.2 ) (0.2 ) Amortization of prior service cost (credit) 0.1 0.1 (0.1 ) (0.1 ) Amortization of net actuarial loss 2.9 4.6 0.2 0.3 Net periodic (benefit) cost $ (13.3 ) $ (7.8 ) $ — $ 0.1 Employer contributions, net $ 0.6 $ 0.6 $ 1.7 $ 0.9 The expected contributions to the Pension Plan, SERP, and Postretirement Plan for the year ending December 31, 2021 December 31, 2020

Note 14 - Segment Reporting

Note 14 - Segment Reporting	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	14. ASC 280 10, Disclosures About Segments of an Enterprise and Related Information 280 10" 280 10 280 10. Each of the reportable segments, Insurance, Energy and Specialized Markets, and Financial Services, has a portion of its revenue from more than one three Insurance: first 2021, not Energy and Specialized Markets: Financial Services: The three third not not not Note 3 The following tables provide our revenue and EBITDA by reportable segment for the three nine September 30, 2021 2020 For the Three Months Ended September 30, 2021 September 30, 2020 Insurance Energy and Specialized Markets Financial Services Total Insurance Energy and Specialized Markets Financial Services Total Revenues $ 557.9 $ 165.9 $ 35.2 $ 759.0 $ 504.3 $ 158.1 $ 40.3 $ 702.7 Expenses: Cost of revenues (exclusive of items shown separately below) (176.9 ) (67.3 ) (21.1 ) (265.3 ) (154.9 ) (60.6 ) (24.5 ) (240.0 ) Selling, general and administrative (69.4 ) (38.3 ) (7.4 ) (115.1 ) (57.0 ) (35.0 ) (4.4 ) (96.4 ) Investment (loss) income and others, net (0.1 ) 0.2 — 0.1 (0.3 ) (0.1 ) 0.3 (0.1 ) EBITDA $ 311.5 $ 60.5 $ 6.7 378.7 $ 292.1 $ 62.4 $ 11.7 366.2 Depreciation and amortization of fixed assets (52.1 ) (49.4 ) Amortization of intangible assets (37.6 ) (41.5 ) Interest expense (29.9 ) (35.3 ) Income before income taxes $ 259.1 $ 240.0 For the Nine Months Ended September 30, 2021 September 30, 2020 Insurance Energy and Specialized Markets Financial Services Total Insurance Energy and Specialized Markets Financial Services Total Revenues $ 1,643.5 $ 484.4 $ 104.7 $ 2,232.6 $ 1,491.8 $ 460.8 $ 118.6 $ 2,071.2 Expenses: Cost of revenues (exclusive of items shown separately below) (522.9 ) (199.5 ) (70.2 ) (792.6 ) (473.4 ) (189.2 ) (70.8 ) (733.4 ) Selling, general and administrative (210.8 ) (113.1 ) (22.4 ) (346.3 ) (184.4 ) (106.9 ) (13.5 ) (304.8 ) Other operating income — — — — 15.9 — 3.5 19.4 Investment income (loss) and others, net 1.4 — (0.1 ) 1.3 (1.6 ) (1.3 ) (0.2 ) (3.1 ) EBITDA $ 911.2 $ 171.8 $ 12.0 1,095.0 $ 848.3 $ 163.4 $ 37.6 1,049.3 Depreciation and amortization of fixed assets (153.9 ) (141.3 ) Amortization of intangible assets (133.1 ) (123.6 ) Interest expense (96.8 ) (102.9 ) Income before income taxes $ 711.2 $ 681.5 Long-lived assets by country are provided below: September 30, 2021 December 31, 2020 Long-lived assets: U.S. $ 3,520.3 $ 3,525.0 U.K. 2,759.1 2,775.8 Other countries 449.0 466.8 Total long-lived assets $ 6,728.4 $ 6,767.6

Note 15 - Related Parties

Note 15 - Related Parties	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	15. We consider our stockholders that own more than 5.0% of the outstanding stock within the class to be related parties as defined within ASC 850, Related Party Disclosures nine September 30, 2021 2020 5.0%

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	16. We are a party to legal proceedings with respect to a variety of matters in the ordinary course of business, including the matters described below. With respect to ongoing matters, we are unable, at the present time, to determine the ultimate resolution of or provide a reasonable estimate of the range of possible loss attributable to ongoing matters or the impact these matters may Xactware Solutions, Inc. Patent Litigation On October 8, 2015, seven 8,078,436 "436 8,170,840 "840 8,209,152 "152 8,542,880 "880 8,818,770 "770 8,823,732 "732 8,825,454 "454 November 30, 2015, 9,129,376 "376 9,135,737 "737 May 19, 2017, 880 732 436, 840, 152, 770, 454, 376 737 152 737 five six September 25, 2019, six September 26, 2019 October 18, 2019, March 2, 2020, $125.0 110% September 9, 2020, October 8, 2020. November 4, 2020 December 15, 2020. December 24, 2020. February 16, 2021, $125.0 not four March 17, 2021, June 29, 2021, 2019, December 31, 2019. not $125.0 April 15, 2021, July 2, 2021, July 15, August 9, 2021, October 8, 2021, ERISA Litigation On September 24, 2020, No. 2:20 13223 401 September 24, 2014 not January 12, 2021, April 13, 2021. not ISO Claims Partners Litigation On October 23, 2020, 3:20 585 October 23, 2017; not not not Jornaya Litigation On December 10, 2020, No. 2020 03695. 18 5701 not February 16, 2021, September 30, 2021, October 8, 2021, not Financial Services Government Inquiry We continue to cooperate with an inquiry by the civil division of the United States Attorney’s Office for the Eastern District of Virginia related to government contracts within our financial services segment. The inquiry is ongoing, we have voluntarily produced documents, and we cannot anticipate the timing, outcome or possible impact of the inquiry, financial or otherwise. Breach of Contract Litigation On April 2, 2021, January 7, 2022. not Wood Mackenzie Litigation On August 10, 2021, S&P Global Inc. d/b/a Platts v. Wood Mackenzie Ltd. No. 21 6739. two November 9, 2021. not

Note 17 - Subsequent Events

Note 17 - Subsequent Events	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	17. In September 2021, October 1, 2021, December 2021, may Note 11 . Stockholders' Equity for further discussion. On October 19, 2021, On November 2, 2021, **************

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Accounting Standard Description Effective Date Effect on Consolidated Financial Statements or Other Significant Matters Income Tax (Topic 740 December 2019, No. 2019 12, No. 2019 12" The amendments in this guidance reflect the FASB’s effort to reduce the complexity of accounting standards while maintaining or enhancing the helpfulness of information provided to financial statement users. Changes include treatment of Hybrid tax regimes, tax basis step-up in goodwill obtained in a transaction that is not not Fiscal years beginning after December 15, 2020 We adopted this amendment on January 1, 2021 No. 2019 12 no Compensation-Retirement Benefits-Defined Benefit Plans - General (Subtopic 715 20 August 2018, No. 2018 14, No. 2018 14" This amendment removes certain disclosures that are not 715 20 50 3 Fiscal years ending after December 15, 2020 We adopted ASU No. 2018 14 December 31, 2020 No. 2018 14 not

Note 3 - Revenues (Tables)

Note 3 - Revenues (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Insurance: Underwriting & rating $ 390.5 $ 353.6 $ 1,156.0 $ 1,052.9 Claims 167.4 150.7 487.5 438.9 Total Insurance 557.9 504.3 1,643.5 1,491.8 Energy and Specialized Markets 165.9 158.1 484.4 460.8 Financial Services 35.2 40.3 104.7 118.6 Total revenues $ 759.0 $ 702.7 $ 2,232.6 $ 2,071.2 Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Revenues: United States ("U.S.") $ 568.4 $ 537.6 $ 1,698.3 $ 1,584.2 United Kingdom ("U.K.") 53.4 46.2 152.1 136.0 Other countries 137.2 118.9 382.2 351.0 Total revenues $ 759.0 $ 702.7 $ 2,232.6 $ 2,071.2

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	2021 2020 Fair Value Carrying Estimated Carrying Estimated Hierarchy Value Fair Value Value Fair Value Financial instruments not carried at fair value: Senior notes (Note 10) Level 2 $ 2,691.6 $ 3,028.4 $ 3,140.8 $ 3,652.2

Note 5 - Leases (Tables)

Note 5 - Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Lease cost: Operating lease cost (1) $ 13.0 $ 13.4 $ 39.4 $ 38.7 Sublease income (0.4 ) — (1.2 ) — Finance lease costs: Depreciation of finance lease assets (2) 3.9 3.1 10.7 6.2 Interest on finance lease liabilities (3) 0.2 0.2 0.6 0.5 Total lease cost $ 16.7 $ 16.7 $ 49.5 $ 45.4 Other information: Cash paid for amounts included in the measurement of lease liabilities Operating cash outflows from operating leases $ (12.9 ) $ (13.4 ) $ (38.3 ) $ (39.0 ) Operating cash outflows from finance leases $ (0.2 ) $ (0.2 ) $ (0.6 ) $ (0.5 ) Financing cash outflows from finance leases $ (11.1 ) $ (8.6 ) $ (14.8 ) $ (13.0 )
Schedule of Weighted Average Number of Shares [Table Text Block]	September 30, 2021 2020 Weighted-average remaining lease term - operating leases (in years) 8.6 9.3 Weighted-average remaining lease term - finance leases (in years) 1.7 2.6 Weighted-average discount rate - operating leases 3.8 % 4.1 % Weighted-average discount rate - finance leases 3.9 % 4.0 %
Lessee, Lease Liability Maturity [Table Text Block]	September 30, 2021 Years Ending Operating Leases Finance Leases 2021 $ 13.3 $ 1.8 2022 50.8 12.4 2023 48.2 1.2 2024 39.2 0.2 2025 34.6 0.1 2026 and thereafter 173.0 — Total lease payments 359.1 15.7 Less: Amount representing interest (58.8 ) (1.3 ) Present value of total lease payments $ 300.3 $ 14.4

Note 6 - Acquisitions (Tables)

Note 6 - Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Total Cash and cash equivalents $ 5.7 Accounts receivable 2.6 Other current assets 1.0 Fixed assets 0.1 Operating lease right-of-use assets, net 0.9 Intangible assets 25.3 Goodwill 61.0 Other assets 4.8 Total assets acquired 101.4 Current liabilities 3.3 Deferred revenues 4.7 Operating lease liabilities 1.0 Deferred income tax, net 5.5 Other liabilities 4.8 Total liabilities assumed 19.3 Net assets acquired 82.1 Less: Noncontrolling interest 19.8 Less: Cash acquired 5.7 Net cash purchase price $ 56.6
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Weighted Average Useful Life (in years) Total Technology-based 4 $ 5.6 Marketing-related 5 1.0 Customer-related 11 16.3 Database-based 2 2.4 Total intangible assets $ 25.3

Note 8 - Goodwill and Intangi_2

Note 8 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Goodwill [Table Text Block]	Insurance Energy and Specialized Markets Financial Services Total Goodwill at December 31, 2020 $ 1,208.6 $ 2,423.6 $ 475.9 $ 4,108.1 Acquisitions and purchase of controlling interest 40.6 20.4 — 61.0 Purchase accounting reclassifications 1.1 — — 1.1 Current period adjustment (1) 15.8 (15.8 ) — — Foreign currency translation adjustment (7.1 ) (33.1 ) (0.5 ) (40.7 ) Goodwill at September 30, 2021 $ 1,259.0 $ 2,395.1 $ 475.4 $ 4,129.5
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Weighted Average Useful Life (in years) Cost Accumulated Amortization Net September 30, 2021 Technology-based 7 $ 561.3 $ (389.0 ) $ 172.3 Marketing-related 15 273.6 (125.6 ) 148.0 Contract-based 6 5.0 (5.0 ) — Customer-related 13 1,013.3 (407.5 ) 605.8 Database-based 18 496.3 (157.1 ) 339.2 Total intangible assets $ 2,349.5 $ (1,084.2 ) $ 1,265.3 December 31, 2020 Technology-based 7 $ 559.6 $ (349.5 ) $ 210.1 Marketing-related 16 275.2 (113.4 ) 161.8 Contract-based 6 5.0 (5.0 ) — Customer-related 13 1,004.3 (354.2 ) 650.1 Database-based 19 501.0 (138.2 ) 362.8 Total intangible assets $ 2,345.1 $ (960.3 ) $ 1,384.8
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Years Ending Amount 2021 $ 43.6 2022 159.5 2023 145.8 2024 140.2 2025 115.3 2026 and thereafter 660.9 Total $ 1,265.3

Note 10 - Debt (Tables)

Note 10 - Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Debt [Table Text Block]	Issuance Date Maturity Date 2021 2020 Short-term debt and current portion of long-term debt: Syndicated revolving credit facility Various Various $ 405.0 $ 50.0 Senior notes: 4.125 0.6 9/12/2012 9/12/2022 349.4 — 5.800 0.1 4/6/2011 5/1/2021 — 449.9 Finance lease liabilities (1) Various Various 12.2 14.4 Short-term debt and current portion of long-term debt 766.6 514.3 Long-term debt: Senior notes: 3.625 10.4 10.7 5/13/2020 5/15/2050 489.6 489.3 4.125 11.3 12.4 3/6/2019 3/15/2029 611.3 612.4 4.000 4.5 5.4 5/15/2015 6/15/2025 895.5 894.6 5.500 4.2 4.3 5/15/2015 6/15/2045 345.8 345.7 4.125 1.1 9/12/2012 9/12/2022 — 348.9 Finance lease liabilities (1) Various Various 2.2 10.3 Syndicated revolving credit facility debt issuance costs Various Various (1.3 ) (1.6 ) Long-term debt 2,343.1 2,699.6 Total debt $ 3,109.7 $ 3,213.9

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Numerator used in basic and diluted EPS: Net income attributable to Verisk $ 201.7 $ 185.8 $ 524.3 $ 536.5 Denominator: Weighted average number of common shares used in basic EPS 161,366,544 162,502,191 162,005,382 162,589,473 Effect of dilutive shares: Potential common shares issuable from stock options and stock-based awards 1,426,247 3,229,035 1,419,967 2,930,426 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 162,792,791 165,731,226 163,425,349 165,519,899
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	2021 2020 Foreign currency translation adjustment $ (347.4 ) $ (292.2 ) Pension and postretirement adjustment, net of tax (81.2 ) (83.5 ) Accumulated other comprehensive losses $ (428.6 ) $ (375.7 )
Comprehensive Income (Loss) [Table Text Block]	Before Tax Tax (Expense) Benefit After Tax For the Three Months Ended September 30, 2021 Foreign currency translation adjustment $ (80.4 ) $ — $ (80.4 ) Pension and postretirement adjustment before reclassifications 2.1 (0.6 ) 1.5 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.1 ) 0.3 (0.8 ) Pension and postretirement adjustment 1.0 (0.3 ) 0.7 Total other comprehensive loss $ (79.4 ) $ (0.3 ) $ (79.7 ) For the Three Months Ended September 30, 2020 Foreign currency translation adjustment $ 115.0 $ — $ 115.0 Pension and postretirement adjustment before reclassifications 3.5 (0.8 ) 2.7 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.8 ) 0.4 (1.4 ) Pension and postretirement adjustment 1.7 (0.4 ) 1.3 Total other comprehensive income $ 116.7 $ (0.4 ) $ 116.3 Before Tax Tax (Expense) Benefit After Tax For the Nine Months Ended September 30, 2021 Foreign currency translation adjustment $ (55.2 ) $ — $ (55.2 ) Pension and postretirement adjustment before reclassifications 6.2 (1.6 ) 4.6 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (3.1 ) 0.8 (2.3 ) Pension and postretirement adjustment 3.1 (0.8 ) 2.3 Total other comprehensive loss $ (52.1 ) $ (0.8 ) $ (52.9 ) For the Nine Months Ended September 30, 2020 Foreign currency translation adjustment $ (57.7 ) $ — $ (57.7 ) Pension and postretirement adjustment before reclassifications 9.7 (2.3 ) 7.4 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (4.9 ) 1.2 (3.7 ) Pension and postretirement adjustment 4.8 (1.1 ) 3.7 Total other comprehensive loss $ (52.9 ) $ (1.1 ) $ (54.0 )

Note 12 - Equity Compensation_2

Note 12 - Equity Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Stock Option Restricted Stock PSU Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value Number of Shares Weighted Average Grant Date Fair Value Per Share Number of Shares Weighted Average Grant Date Fair Value Per Share (in millions) Outstanding at December 31, 2020 5,611,777 $ 98.28 $ 613.4 390,054 $ 131.63 145,609 $ 170.75 Granted 748,936 $ 189.26 155,500 $ 188.74 59,144 $ 210.07 Dividend reinvestment — $ — — $ — 773 N/A Exercised or lapsed (572,213 ) $ 78.63 $ 60.4 (165,065 ) $ 121.03 (42,610 ) $ 140.70 Canceled, expired or forfeited (129,363 ) $ 153.70 (23,890 ) $ 156.44 — Outstanding at September 30, 2021 5,659,137 $ 111.03 $ 505.0 356,599 $ 159.62 162,916 $ 192.99 Exercisable at September 30, 2021 3,765,059 $ 86.31 $ 429.1 Exercisable at December 31, 2020 3,494,164 $ 76.84 $ 456.9 Nonvested at September 30, 2021 1,894,078 356,599 162,916 Expected to vest at September 30, 2021 1,681,038 319,534 135,055 (1)
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2021 2020 Option pricing model Black-Scholes Black-Scholes Expected volatility 23.66 % 18.41 % Risk-free interest rate 0.39 % 1.53 % Expected term in years 4.3 4.3 Dividend yield 0.63 % 0.71 % Weighted average grant date fair value per stock option $ 35.14 $ 25.77

Note 13 - Pension and Postret_2

Note 13 - Pension and Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Pension Plan and SERP Postretirement Plan For the Three Months Ended September 30, 2021 2020 2021 2020 Interest cost $ 2.7 $ 2.9 $ — $ — Expected return on plan assets (8.2 ) (7.9 ) (0.1 ) (0.1 ) Amortization of net actuarial loss 1.0 1.7 0.1 0.1 Net periodic benefit $ (4.5 ) $ (3.3 ) $ — $ — Employer contributions, net $ 0.2 $ 0.2 $ 1.3 $ 0.1 Pension Plan and SERP Postretirement Plan For the Nine Months Ended September 30, 2021 2020 2021 2020 Interest cost $ 8.3 $ 9.8 $ 0.1 $ 0.1 Expected return on plan assets (24.6 ) (22.3 ) (0.2 ) (0.2 ) Amortization of prior service cost (credit) 0.1 0.1 (0.1 ) (0.1 ) Amortization of net actuarial loss 2.9 4.6 0.2 0.3 Net periodic (benefit) cost $ (13.3 ) $ (7.8 ) $ — $ 0.1 Employer contributions, net $ 0.6 $ 0.6 $ 1.7 $ 0.9

Note 14 - Segment Reporting (Ta

Note 14 - Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	For the Three Months Ended September 30, 2021 September 30, 2020 Insurance Energy and Specialized Markets Financial Services Total Insurance Energy and Specialized Markets Financial Services Total Revenues $ 557.9 $ 165.9 $ 35.2 $ 759.0 $ 504.3 $ 158.1 $ 40.3 $ 702.7 Expenses: Cost of revenues (exclusive of items shown separately below) (176.9 ) (67.3 ) (21.1 ) (265.3 ) (154.9 ) (60.6 ) (24.5 ) (240.0 ) Selling, general and administrative (69.4 ) (38.3 ) (7.4 ) (115.1 ) (57.0 ) (35.0 ) (4.4 ) (96.4 ) Investment (loss) income and others, net (0.1 ) 0.2 — 0.1 (0.3 ) (0.1 ) 0.3 (0.1 ) EBITDA $ 311.5 $ 60.5 $ 6.7 378.7 $ 292.1 $ 62.4 $ 11.7 366.2 Depreciation and amortization of fixed assets (52.1 ) (49.4 ) Amortization of intangible assets (37.6 ) (41.5 ) Interest expense (29.9 ) (35.3 ) Income before income taxes $ 259.1 $ 240.0 For the Nine Months Ended September 30, 2021 September 30, 2020 Insurance Energy and Specialized Markets Financial Services Total Insurance Energy and Specialized Markets Financial Services Total Revenues $ 1,643.5 $ 484.4 $ 104.7 $ 2,232.6 $ 1,491.8 $ 460.8 $ 118.6 $ 2,071.2 Expenses: Cost of revenues (exclusive of items shown separately below) (522.9 ) (199.5 ) (70.2 ) (792.6 ) (473.4 ) (189.2 ) (70.8 ) (733.4 ) Selling, general and administrative (210.8 ) (113.1 ) (22.4 ) (346.3 ) (184.4 ) (106.9 ) (13.5 ) (304.8 ) Other operating income — — — — 15.9 — 3.5 19.4 Investment income (loss) and others, net 1.4 — (0.1 ) 1.3 (1.6 ) (1.3 ) (0.2 ) (3.1 ) EBITDA $ 911.2 $ 171.8 $ 12.0 1,095.0 $ 848.3 $ 163.4 $ 37.6 1,049.3 Depreciation and amortization of fixed assets (153.9 ) (141.3 ) Amortization of intangible assets (133.1 ) (123.6 ) Interest expense (96.8 ) (102.9 ) Income before income taxes $ 711.2 $ 681.5
Long-lived Assets by Geographic Areas [Table Text Block]	September 30, 2021 December 31, 2020 Long-lived assets: U.S. $ 3,520.3 $ 3,525.0 U.K. 2,759.1 2,775.8 Other countries 449.0 466.8 Total long-lived assets $ 6,728.4 $ 6,767.6

Note 3 - Revenues (Details Text

Note 3 - Revenues (Details Textual) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Contract with Customer, Asset, after Allowance for Credit Loss, Total	$ 0	$ 0
Revenue, Remaining Performance Obligation, Amount	587,000	$ 468,200
Increase (Decrease) in Contract Liabilities	118,800
Contract With Customer Liability, Billings Paid in Advance	449,100
Contract with Customer, Liability, Revenue Recognized	$ 330,300
Revenue Remaining Performance Obligation, Current Percentage	98.00%	99.00%
Contract with Customer, Liability, Noncurrent	$ 84,000	$ 73,800

Note 3 - Revenues - Disaggregat

Note 3 - Revenues - Disaggregated Revenues (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 759	$ 702.7	$ 2,232.6	$ 2,071.2
UNITED STATES
Revenues	568.4	537.6	1,698.3	1,584.2
UNITED KINGDOM
Revenues	53.4	46.2	152.1	136
Other Countries [Member]
Revenues	137.2	118.9	382.2	351
Insurance [Member]
Revenues	557.9	504.3	1,643.5	1,491.8
Insurance [Member] | Underwriting and Rating [Member]
Revenues	390.5	353.6	1,156	1,052.9
Insurance [Member] | Claims [Member]
Revenues	167.4	150.7	487.5	438.9
Energy and Specialized Markets [Member]
Revenues	165.9	158.1	484.4	460.8
Financial Services [Member]
Revenues	$ 35.2	$ 40.3	$ 104.7	$ 118.6

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Feb. 01, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	May 25, 2021	Dec. 31, 2020
Payments to Acquire Investments, Total		$ 6,000	$ 0	$ 21,100	$ 63,800
Investment in Limited Partnership Member]
Equity Method Investments		51,800		51,800			$ 49,500
Provision for Credit Loss on Investments		0		0
Cost Based Investments [Member]
Investments, Total		161,600		161,600			143,100
Vexcel Group, Inc. [Member]
Payments to Acquire Investments, Total	$ 63,800
Equity Securities Without Readily Determinable Fair Value, Percentage	35.00%					3.70%
Equity Securities without Readily Determinable Fair Value, Amount		144,100		144,100		$ 15,000	129,100
Registered Investment Companies [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investments, Fair Value Disclosure, Total		$ 4,600		$ 4,600			$ 4,100

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Long-term Debt (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Reported Value Measurement [Member]
Senior notes (Note 10)	$ 2,691.6	$ 3,140.8
Estimate of Fair Value Measurement [Member]
Senior notes (Note 10)	$ 3,028.4	$ 3,652.2

Note 5 - Leases (Details Textua

Note 5 - Leases (Details Textual) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Lessee, Lease, Option to Extend (Year)	20 years
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total	$ 20.8	$ 27.1
Finance Lease, Liability, Total	$ 14.4	$ 24.7

Note 5 - Leases - Lease Cost an

Note 5 - Leases - Lease Cost and Other Information (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Operating lease cost	[1]	$ 13	$ 13.4	$ 39.4	$ 38.7
Sublease income		(0.4)	0	(1.2)	0
Depreciation of finance lease assets	[2]	3.9	3.1	10.7	6.2
Interest on finance lease liabilities	[3]	0.2	0.2	0.6	0.5
Total lease cost		16.7	16.7	49.5	45.4
Operating cash outflows from operating leases		(12.9)	(13.4)	(38.3)	(39)
Operating cash outflows from finance leases		(0.2)	(0.2)	(0.6)	(0.5)
Financing cash outflows from finance leases		$ (11.1)	$ (8.6)	$ (14.8)	$ (13)
[1]	Included in "Cost of revenues" and "Selling, general and administrative" expenses in our accompanying condensed consolidated statements of operations
[2]	Included in "Depreciation and amortization of fixed assets" in our accompanying condensed consolidated statements of operations
[3]	Included in "Interest expense" in our accompanying condensed consolidated statements of operations

Note 5 - Leases - Weighted-aver

Note 5 - Leases - Weighted-average Remaining Lease Terms and Weighted-average Discount Rates (Details)	Sep. 30, 2021	Sep. 30, 2020
Weighted-average remaining lease term - operating leases (in years) (Year)	8 years 7 months 6 days	9 years 3 months 18 days
Weighted-average remaining lease term - finance leases (in years) (Year)	1 year 8 months 12 days	2 years 7 months 6 days
Weighted-average discount rate - operating leases	3.80%	4.10%
Weighted-average discount rate - finance leases	3.90%	4.00%

Note 5 - Leases - Maturities of

Note 5 - Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
2021, operating leases	$ 13.3
2021, finance leases	1.8
2022, operating leases	50.8
2022, finance leases	12.4
2023, operating leases	48.2
2023, finance leases	1.2
2024, operating leases	39.2
2024, finance leases	0.2
2025, operating leases	34.6
2025, finance leases	0.1
2026 and thereafter, operating leases	173
2026 and thereafter, finance leases	0
Total lease payments, operating leases	359.1
Total lease payments, finance leases	15.7
Less: Amount representing interest, operating leases	(58.8)
Less: Amount representing interest, finance leases	(1.3)
Present value of total lease payments, operating leases	300.3
Present value of total lease payments, finance leases	$ 14.4	$ 24.7

Note 6 - Acquisitions (Details

Note 6 - Acquisitions (Details Textual) - USD ($) $ in Thousands	Sep. 01, 2021	Jun. 17, 2021	Mar. 02, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2024	Dec. 31, 2020
Payments to Acquire Businesses, Net of Cash Acquired, Total				$ 17,900	$ 151,900	$ 49,400	$ 151,900
Escrow Deposit				4,600		4,600			$ 18,500
Goodwill, Ending Balance				4,129,500		4,129,500			4,108,100
Business Combination, Acquisition Related Costs				100	$ 500	900	$ 500
Current Portion of Escrow				17,700		17,700			1,700
Business Combination, Contingent Consideration, Liability, Current				500		500			600
Business Combination, Contingent Consideration, Liability, Noncurrent				0		0			$ 200
The 2021 Acquisitions [Member]
Business Combination, Consideration Transferred, Total						56,600
Payments to Acquire Businesses, Net of Cash Acquired, Total						56,600
Goodwill, Ending Balance				61,000		61,000
Business Acquisition, Goodwill Non-tax Deductible, Amount				$ 60,100		$ 60,100
Ignite Acquisition [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Payments to Acquire Businesses, Net of Cash Acquired, Total	$ 13,800
RoskillAcquisitionMember
Business Acquisition, Percentage of Voting Interests Acquired		100.00%
Payments to Acquire Businesses, Net of Cash Acquired, Total		$ 22,100
Escrow Deposit		$ 4,800
Whitespace Software Limited [Member]
Business Acquisition, Percentage of Voting Interests Acquired			51.00%
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 16,800
Whitespace Software Limited [Member] | Forecast [Member]
Business Acquisition, Percentage of Voting Interests Acquired								49.00%

Note 6 - Acquisitions - Assets

Note 6 - Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Goodwill, Ending Balance	$ 4,129.5		$ 4,129.5		$ 4,108.1
Payments to Acquire Businesses, Net of Cash Acquired, Total	17.9	$ 151.9	49.4	$ 151.9
The 2021 Acquisitions [Member]
Cash and cash equivalents	5.7		5.7
Accounts receivable	2.6		2.6
Other current assets	1		1
Fixed assets	0.1		0.1
Operating lease right-of-use assets, net	0.9		0.9
Intangible assets	25.3		25.3
Goodwill, Ending Balance	61		61
Other assets	4.8		4.8
Total assets acquired	101.4		101.4
Current liabilities	3.3		3.3
Deferred revenues	4.7		4.7
Operating lease liabilities	1		1
Deferred income tax, net	5.5		5.5
Other liabilities	4.8		4.8
Total liabilities assumed	19.3		19.3
Net assets acquired	82.1		82.1
Less: Noncontrolling interest	$ 19.8		19.8
Net of cash acquired from acquisitions			5.7
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 56.6

Note 6 - Acquisitions - Amounts

Note 6 - Acquisitions - Amounts Assigned to Intangible Assets (Details) - The 2021 Acquisitions [Member] $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Total intangible assets	$ 25.3
Technology [Member]
Weighted average useful life (Year)	4 years
Total intangible assets	$ 5.6
Marketing [Member]
Weighted average useful life (Year)	5 years
Total intangible assets	$ 1
Customer [Member]
Weighted average useful life (Year)	11 years
Total intangible assets	$ 16.3
Database [Member]
Weighted average useful life (Year)	2 years
Total intangible assets	$ 2.4

Note 7 - Dispositions (Details

Note 7 - Dispositions (Details Textual) - USD ($) $ in Millions	Feb. 14, 2020	Feb. 01, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	May 25, 2021
Payments to Acquire Investments, Total			$ 6	$ 0	$ 21.1	$ 63.8
Background Screening Business [Member]
Proceeds from Divestiture of Businesses, Net of Cash Divested, Total	$ 23.1
Background Screening Business [Member] | Other Operating Income (Expense) [Member]
Gain (Loss) on Disposition of Business						15.9
Data Warehouse Business [Member] | Other Operating Income (Expense) [Member]
Gain (Loss) on Disposition of Business						$ 3.5
Vexcel Group, Inc. [Member]
Payments to Acquire Investments, Total		$ 63.8
Equity Securities Without Readily Determinable Fair Value, Percentage		35.00%					3.70%

Note 8 - Goodwill and Intangi_3

Note 8 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill, Impairment Loss		$ 0
Amortization of Intangible Assets, Total	$ 37,600		$ 41,500	$ 133,100	$ 123,600
Energy and Specialized Markets [Member]
Goodwill, Period Increase (Decrease), Total				$ 15,800

Note 8 - Goodwill and Intangi_4

Note 8 - Goodwill and Intangible Assets - Summary of Changes in Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Goodwill	$ 4,108.1
Acquisitions and purchase of controlling interest	61
Purchase accounting reclassifications	1.1
Current period adjustment (1)	0	[1]
Foreign currency translation adjustment	(40.7)
Goodwill	4,129.5
Insurance [Member]
Goodwill	1,208.6
Acquisitions and purchase of controlling interest	40.6
Purchase accounting reclassifications	1.1
Current period adjustment (1)	15.8	[1]
Foreign currency translation adjustment	(7.1)
Goodwill	1,259
Energy and Specialized Markets [Member]
Goodwill	2,423.6
Acquisitions and purchase of controlling interest	20.4
Purchase accounting reclassifications	0
Current period adjustment (1)	(15.8)	[1]
Foreign currency translation adjustment	(33.1)
Goodwill	2,395.1
Financial Services [Member]
Goodwill	475.9
Acquisitions and purchase of controlling interest	0
Purchase accounting reclassifications	0
Current period adjustment (1)	0	[1]
Foreign currency translation adjustment	(0.5)
Goodwill	$ 475.4
[1]	Of which $15.8 million relates to a segment reclassification, refer to Note 14. Segment Reporting

Note 8 - Goodwill and Intangi_5

Note 8 - Goodwill and Intangible Assets - Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Cost	$ 2,349.5	$ 2,345.1
Accumulated amortization	(1,084.2)	(960.3)
Net	$ 1,265.3	$ 1,384.8
Technology [Member]
Weighted average useful life (Year)	7 years	7 years
Cost	$ 561.3		$ 559.6
Accumulated amortization	(389)	$ (349.5)
Net	$ 172.3	$ 210.1
Marketing [Member]
Weighted average useful life (Year)	15 years	16 years
Cost	$ 273.6	$ 275.2
Accumulated amortization	(125.6)	(113.4)
Net	$ 148	$ 161.8
Contract-based [Member]
Weighted average useful life (Year)	6 years	6 years
Cost	$ 5	$ 5
Accumulated amortization	(5)	(5)
Net	$ 0	$ 0
Customer [Member]
Weighted average useful life (Year)	13 years	13 years
Cost	$ 1,013.3	$ 1,004.3
Accumulated amortization	(407.5)	(354.2)
Net	$ 605.8	$ 650.1
Database [Member]
Weighted average useful life (Year)	18 years	19 years
Cost	$ 496.3	$ 501
Accumulated amortization	(157.1)	(138.2)
Net	$ 339.2	$ 362.8

Note 8 - Goodwill and Intangi_6

Note 8 - Goodwill and Intangible Assets - Estimated Amortization Expense (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
2021	$ 43.6
2022	159.5
2023	145.8
2024	140.2
2025	115.3
2026 and thereafter	660.9
Total	$ 1,265.3	$ 1,384.8

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Effective Income Tax Rate Reconciliation, Percent, Total	20.90%	22.60%	26.30%	21.30%
Her Majesty's Revenue and Customs (HMRC) [Member]
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	19.00%	17.00%	25.00%	19.00%

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) - USD ($) $ in Millions	1 Months Ended
	Nov. 01, 2021	Sep. 30, 2021	Dec. 31, 2020
Long-term Debt, Gross		$ 2,700	$ 3,150
Letters of Credit Outstanding, Amount		5.1	5.4
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		1,000
Line of Credit Facility, Remaining Borrowing Capacity		$ 589.9	$ 944.6
Revolving Credit Facility [Member] | Subsequent Event [Member]
Repayments of Debt	$ 20

Note 10 - Debt - Short-term and

Note 10 - Debt - Short-term and Long-term Debt (Details) - USD ($) $ in Millions		Sep. 30, 2021	Dec. 31, 2020
Finance lease liabilities (1)	[1]	$ 12.2	$ 14.4
Unamortized discount		766.6	514.3
Finance lease liabilities, noncurrent	[1]	2.2	10.3
Syndicated revolving credit facility debt issuance costs		(1.3)	(1.6)
Long-term debt		2,343.1	2,699.6
Total debt		3,109.7	3,213.9
The 4.125% Senior Note Maturing September 12, 2022 [Member]
Current portion of long-term debt		349.4	0
Long-term debt			348.9
The 5.800% Senior Note [Member]
Short-term borrowings		0	449.9
The 3.625% Senior Note [Member]
Long-term debt		489.6	489.3
The 4.125% Senior Note [Member]
Long-term debt		611.3	612.4
The 4.000% Senior Note [Member]
Long-term debt		895.5	894.6
The 5.500% Senior Note [Member]
Long-term debt		345.8	345.7
Line of Credit [Member]
Syndicated revolving credit facility		$ 405	$ 50
[1]	Refer to Note 5. Leases

Note 10 - Debt - Short-term a_2

Note 10 - Debt - Short-term and Long-term Debt (Details) (Parentheticals) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
The 4.125% Senior Note Maturing September 12, 2022 [Member]
Interest rate	4.125%	4.125%
Unamortized discount, current	$ 0.6
Unamortized discount		$ 1.1
The 5.800% Senior Note [Member]
Interest rate		5.80%
Unamortized discount		$ 0.1
The 3.625% Senior Note [Member]
Interest rate	3.625%	3.625%
Unamortized discount	$ 10.4	$ 10.7
The 4.125% Senior Note [Member]
Interest rate	4.125%	4.125%
Unamortized discount (premium)	$ (11.3)	$ (12.4)
The 4.000% Senior Note [Member]
Interest rate	4.00%	4.00%
Unamortized discount	$ 4.5	$ 5.4
The 5.500% Senior Note [Member]
Interest rate	5.50%	5.50%
Unamortized discount	$ 4.2	$ 4.3

Note 11 - Stockholders' Equit_2

Note 11 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Sep. 01, 2021	Jul. 28, 2021	Jul. 01, 2021	Apr. 28, 2021	Apr. 01, 2021	Feb. 17, 2021	Jan. 04, 2021	Sep. 30, 2021	Jun. 30, 2021	May 31, 2021	Mar. 31, 2021	Feb. 28, 2021	Dec. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Aug. 17, 2021
Common Stock, Shares Authorized (in shares)								2,000,000,000					2,000,000,000	2,000,000,000		2,000,000,000
Share Price (in dollars per share)								$ 200.27					$ 207.59	$ 200.27		$ 200.27
Preferred Stock, Shares Authorized (in shares)								80,000,000						80,000,000		80,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)								$ 0.001						$ 0.001		$ 0.001
Preferred Stock, Shares Issued, Total (in shares)								0					0	0		0
Common Stock, Dividends, Per Share, Declared (in dollars per share)		$ 0.29		$ 0.29		$ 0.29
Payments of Dividends, Total														$ 46.8	$ 43.9	$ 141	$ 131.8
Accelerated Share Repurchases, Initial Price, Shares (in shares)																1,749,644
Treasury Stock, Value, Acquired, Cost Method														$ 150	$ 50	$ 400	$ 298.8
Treasury Stock, Shares, Ending Balance (in shares)								382,587,968					381,185,512	382,587,968		382,587,968
Common Stock Reissued (in shares)																790,324
Common Stock, Weighted Average Price (in dollars per share)								$ 11.54						$ 11.54		$ 11.54
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)														740,090	40,741	824,067	675,324
Common Stock [Member]
Treasury Stock, Value, Acquired, Cost Method														$ 0	$ 0	$ 0	$ 0
Share Repurchase Programs [Member]
Stock Repurchase Program, Authorized Amount								$ 4,600						4,600		4,600
Treasury Stock, Cumulative Value Acquired, Cost Method								3,921.2						3,921.2		3,921.2
Stock Repurchase Program, Remaining Authorized Repurchase Amount								678.8						$ 678.8		$ 678.8
Accelerated Share Repurchases, Initial Price, Shares (in shares)																2,192,780
Treasury Stock, Value, Acquired, Cost Method																$ 400
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)																$ 182.41
August 2021 Share Repurchase Program [Member] | Common Stock [Member]
Stock Repurchase Program, Authorized Amount																		$ 500
December 2020 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price													$ 50
Accelerated Share Repurchases, Initial Price, Shares (in shares)							192,687					70,787
Accelerated Share Repurchases, Initial Price Paid Per Share (in dollars per share)							$ 207.59
March 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price											$ 125
Accelerated Share Repurchases, Initial Price, Shares (in shares)					565,963					121,965
Accelerated Share Repurchases, Initial Price Paid Per Share (in dollars per share)					$ 176.69
June 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price								$ 75	$ 150
Accelerated Share Repurchases, Initial Price, Shares (in shares)	111,429		686,813
Accelerated Share Repurchases, Initial Price Paid Per Share (in dollars per share)			$ 174.72

Note 11 - Stockholders' Equit_3

Note 11 - Stockholders' Equity - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income attributable to Verisk	$ 201.7	$ 185.8	$ 524.3	$ 536.5
Weighted average number of common shares used in basic EPS (in shares)	161,366,544	162,502,191	162,005,382	162,589,473
Potential common shares issuable from stock options and stock-based awards (in shares)	1,426,247	3,229,035	1,419,967	2,930,426
Weighted average number of common shares and dilutive potential common shares used in diluted EPS (in shares)	162,792,791	165,731,226	163,425,349	165,519,899

Note 11 - Stockholders' Equit_4

Note 11 - Stockholders' Equity - Summary of Accumulated Other Comprehensive Losses (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Foreign currency translation adjustment	$ (347.4)	$ (292.2)
Pension and postretirement adjustment, net of tax	(81.2)	(83.5)
Accumulated other comprehensive losses	$ (428.6)	$ (375.7)

Note 11 - Stockholders' Equit_5

Note 11 - Stockholders' Equity - Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Other comprehensive income (loss), before tax		$ (79.4)	$ 116.7	$ (52.1)	$ (52.9)
Other comprehensive income (loss), tax		(0.3)	(0.4)	(0.8)	(1.1)
Other comprehensive income (loss), after tax		(79.7)	116.3	(52.9)	(54)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Other comprehensive income (loss), before tax		(80.4)	115	(55.2)	(57.7)
Other comprehensive income (loss), tax		0	0	0	0
Other comprehensive income (loss), after tax		(80.4)	115	(55.2)	(57.7)
Pension and Postretirement Adjustment [Member]
Other comprehensive income (loss), before tax		1	1.7	3.1	4.8
Other comprehensive income (loss), tax		(0.3)	(0.4)	(0.8)	(1.1)
Other comprehensive income (loss), after tax		0.7	1.3	2.3	3.7
Other comprehensive income (loss), before reclassifications, before tax		2.1	3.5	6.2	9.7
Other comprehensive income (loss), before reclassifications, tax		(0.6)	(0.8)	(1.6)	(2.3)
Other comprehensive income (loss), before reclassifications, after tax		1.5	2.7	4.6	7.4
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive income (losses), before tax	[1]	(1.1)	(1.8)	(3.1)	(4.9)
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive income (loss), tax	[1]	0.3	0.4	0.8	1.2
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive income (losses), after tax	[1]	$ (0.8)	$ (1.4)	$ (2.3)	$ (3.7)
[1]	These accumulated other comprehensive loss components, before tax, are included under "Cost of revenues" and "Selling, general and administrative" in our accompanying condensed consolidated statements of operations. These components are also included in the computation of net periodic (benefit) cost (see Note 13. Pension and Postretirement Benefits for additional details).

Note 12 - Equity Compensation_3

Note 12 - Equity Compensation Plans (Details Textual) $ / shares in Units, $ in Millions	Jul. 01, 2021shares	Jan. 15, 2021shares	Sep. 30, 2021USD ($)$ / sharesshares	Sep. 30, 2020USD ($)$ / shares	Sep. 30, 2021USD ($)$ / sharesshares	Sep. 30, 2020USD ($)$ / sharesshares	May 19, 2021shares
Proceeds from Stock Options Exercised | $			$ 23.9	$ 26	$ 44.9	$ 68.3
Nonqualified Stock Option, Contractual Term (Year)					10 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					4 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		706,507			748,936
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in shares)	4,552
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)					5 years 10 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term (Year)					4 years 8 months 12 days
Unrecognized Compensation Cost Related to Nonvested Share Based Compensation Arrangements | $			$ 100.9		$ 100.9
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					2 years 4 months 24 days
Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	4,560
Share-based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	12 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	12,380
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period (Year)	1 year
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		3 years			3 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Per Award (in shares)					1
Share-based Compensation Arrangement by Share-based Payment Award, Target Levels					100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		59,144			59,144
Performance Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Target Levels					0.00%
Performance Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Target Levels					200.00%
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		4 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		134,777			155,500
Deferred Stock Units [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	7,850
Employee Stock Purchase Plan [Member] | UK Sharesave Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			450,291		450,291
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					3 years
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in shares)					11,254	8,174
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Purchase Date					5.00%
Employee Stock Purchase Plan [Member] | US ESPP [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			1,232,645		1,232,645
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in shares)					27,621	25,312
Value of Common Stock Issued to Employees Per Share (in dollars per share) | $ / shares			$ 173.61	$ 155.14	$ 173.61	$ 155.14
The 2021 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)							16,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Basis to Reduce for Shares Issued Subject to Option or Stock Appreciation Rights							1
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Basis to Reduce for Shares Issued Subject to Awards Other Than Options or Stock Appreciation Rights							2.5
Common Stock, Capital Shares Reserved for Future Issuance (in shares)			14,907,596		14,907,596

Note 12 - Equity Compensation_4

Note 12 - Equity Compensation Plans - Summary of Stock Activity (Details) - USD ($) $ / shares in Units, $ in Millions		Jan. 15, 2021	Sep. 30, 2021	Dec. 31, 2020
Outstanding beginning balance, options (in shares)			5,611,777
Outstanding beginning balance, options, weighted average exercise price (in dollars per share)			$ 98.28
Outstanding, options, aggregate intrinsic value			$ 505	$ 613.4
Granted, options (in shares)		706,507	748,936
Granted, options, weighted average exercise price (in dollars per share)			$ 189.26
Dividend reinvestment, options (in shares)			0
Dividend reinvestment, options, weighted average exercise price (in (in dollars per share)			$ 0
Exercised or lapsed, options (in shares)			(572,213)
Exercised or lapsed, options, weighted average exercise price (in dollars per share)			$ 78.63
Exercised or lapsed, options, aggregate intrinsic value			$ 60.4
Canceled, expired or forfeited, option (in shares)			(129,363)
Canceled, expired or forfeited, options, weighted average exercise price (in dollars per share)			$ 153.70
Outstanding, option (in shares)			5,659,137
Outstanding beginning balance, options, weighted average exercise price (in dollars per share)			$ 111.03
Exercisable, options (in shares)			3,765,059	3,494,164
Exercisable, options, weighted average exercise price (in dollars per share)			$ 86.31	$ 76.84
Exercisable, options, aggregate intrinsic value			$ 429.1	$ 456.9
Nonvested, options (in shares)			1,894,078
Expected to vest, options (in shares)			1,681,038
Restricted Stock [Member]
Outstanding beginning balance, number of shares (in shares)			390,054
Outstanding beginning balance, weighted average exercise price (in dollars per share)			$ 131.63
Granted, number of shares (in shares)		134,777	155,500
Granted, weighted average exercise price (in dollars per share)			$ 188.74
Dividend reinvestment, number of shares (in shares)			0
Dividend reinvestment (in dollars per share)			$ 0
Exercised or lapsed, number of shares (in shares)			(165,065)
Exercised or lapsed, weighted average exercise price (in dollars per share)			$ 121.03
Canceled, expired or forfeited, number of shares (in shares)			(23,890)
Canceled, expired or forfeited, weighted average exercise price (in dollars per share)			$ 156.44
Outstanding ending balance, number of shares (in shares)			356,599
Outstanding ending balance, weighted average exercise price (in dollars per share)			$ 159.62
Nonvested, number of shares (in shares)			356,599	390,054
Expected, number of shares (in shares)			319,534
Performance Shares [Member]
Outstanding beginning balance, number of shares (in shares)			145,609
Outstanding beginning balance, weighted average exercise price (in dollars per share)			$ 170.75
Granted, number of shares (in shares)		59,144	59,144
Granted, weighted average exercise price (in dollars per share)			$ 210.07
Dividend reinvestment, number of shares (in shares)			773
Exercised or lapsed, number of shares (in shares)			(42,610)
Exercised or lapsed, weighted average exercise price (in dollars per share)			$ 140.70
Canceled, expired or forfeited, number of shares (in shares)			0
Outstanding ending balance, number of shares (in shares)			162,916
Outstanding ending balance, weighted average exercise price (in dollars per share)			$ 192.99
Nonvested, number of shares (in shares)			162,916	145,609
Expected, number of shares (in shares)	[1]		135,055
[1]	Includes estimated performance achievement

Note 12 - Equity Compensation_5

Note 12 - Equity Compensation Plans - Stock Options Granted Weighted Average Assumptions (Details) - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Expected volatility	23.66%	18.41%
Risk-free interest rate	0.39%	1.53%
Expected term in years (Year)	4 years 3 months 18 days	4 years 3 months 18 days
Dividend yield	0.63%	0.71%
Weighted average grant date fair value per stock option (in dollars per share)	$ 35.14	$ 25.77

Note 13 - Pension and Postret_3

Note 13 - Pension and Postretirement Benefits (Details Textual)	Mar. 31, 2021	Dec. 31, 2020
Equity Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	50.00%	55.00%
Debt Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	50.00%	45.00%

Note 13 - Pension and Postret_4

Note 13 - Pension and Postretirement Benefits - Components of Net Periodic Benefit Cost and Amounts Recognized in Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Pension Plan and SERP Plan [Member]
Interest cost	$ 2.7	$ 2.9	$ 8.3	$ 9.8
Expected return on plan assets	(8.2)	(7.9)	(24.6)	(22.3)
Amortization of net actuarial loss	1	1.7	2.9	4.6
Net periodic benefit	(4.5)	(3.3)	(13.3)	(7.8)
Employer contributions, net	0.2	0.2	0.6	0.6
Amortization of prior service cost (credit)			(0.1)	(0.1)
Other Postretirement Benefits Plan [Member]
Interest cost	0	0	0.1	0.1
Expected return on plan assets	(0.1)	(0.1)	(0.2)	(0.2)
Amortization of net actuarial loss	0.1	0.1	0.2	0.3
Net periodic benefit	0	0	0	0.1
Employer contributions, net	$ 1.3	$ 0.1	1.7	0.9
Amortization of prior service cost (credit)			$ 0.1	$ 0.1

Note 14 - Segment Reporting (De

Note 14 - Segment Reporting (Details Textual)	9 Months Ended
	Sep. 30, 2021
Number of Operating Segments	3

Note 14 - Segment Reporting - R

Note 14 - Segment Reporting - Revenue and EBITDA by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Revenues	$ 759	$ 702.7	$ 2,232.6	$ 2,071.2
Cost of revenues (exclusive of items shown separately below)	265.3	240	792.6	733.4
Selling, general and administrative	115.1	96.4	346.3	304.8
Investment (loss) income and others, net	0.1	(0.1)	1.3	(3.1)
EBITDA	378.7	366.2	1,095	1,049.3
Depreciation and amortization of fixed assets	52.1	49.4	153.9	141.3
Amortization of intangible assets	37.6	41.5	133.1	123.6
Interest expense	29.9	35.3	96.8	102.9
Income before income taxes	259.1	240	711.2	681.5
Other operating income	0	0	0	19.4
Insurance [Member]
Revenues	557.9	504.3	1,643.5	1,491.8
Cost of revenues (exclusive of items shown separately below)	176.9	154.9	522.9	473.4
Selling, general and administrative	69.4	57	210.8	184.4
Investment (loss) income and others, net	(0.1)	(0.3)	1.4	(1.6)
EBITDA	311.5	292.1	911.2	848.3
Other operating income			0	15.9
Energy and Specialized Markets [Member]
Revenues	165.9	158.1	484.4	460.8
Cost of revenues (exclusive of items shown separately below)	67.3	60.6	199.5	189.2
Selling, general and administrative	38.3	35	113.1	106.9
Investment (loss) income and others, net	0.2	(0.1)	0	(1.3)
EBITDA	60.5	62.4	171.8	163.4
Other operating income			0	0
Financial Services [Member]
Revenues	35.2	40.3	104.7	118.6
Cost of revenues (exclusive of items shown separately below)	21.1	24.5	70.2	70.8
Selling, general and administrative	7.4	4.4	22.4	13.5
Investment (loss) income and others, net	0	0.3	(0.1)	(0.2)
EBITDA	$ 6.7	$ 11.7	12	37.6
Other operating income			$ 0	$ 3.5

Note 14 - Segment Reporting - L

Note 14 - Segment Reporting - Long-lived Assets By Country (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Total long-lived assets	$ 6,728.4	$ 6,767.6
UNITED STATES
Total long-lived assets	3,520.3	3,525
UNITED KINGDOM
Total long-lived assets	2,759.1	2,775.8
Other Countries [Member]
Total long-lived assets	$ 449	$ 466.8

Note 15 - Related Parties (Deta

Note 15 - Related Parties (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Percentage Of Ownership On Outstanding Common Stock Required To Become Related Party	5.00%
Related Party Transaction, Amounts of Transaction	$ 0	$ 0

Note 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Details Textual) $ in Millions	Feb. 16, 2021USD ($)	Sep. 25, 2019USD ($)	Jan. 29, 2019	Oct. 08, 2015	Apr. 15, 2021USD ($)	Dec. 10, 2020USD ($)	Mar. 02, 2020USD ($)	Dec. 31, 2019USD ($)
Eagle View Technologies, Inc. and Pictometry International Group, Inc. v. Xactware Solutions, Inc. and Verisk Analytics, Inc. [Member]
Loss Contingency, Patents Allegedly Infringed, Number			5	7
Loss Contingency, Pending Claims, Number, Ending Balance		6
Loss Contingency, Damages Sought, Value		$ 125
Loss Contingency, Bond Secured					$ 305		$ 137.5
Loss Contingency, Damages Awarded, Value	$ 375
Loss Contingency Accrual, Ending Balance								$ 125
Erica Jackson in the Court of Common Pleas of Lackawanna County, Pennsylvania against Lead Intelligence, Inc. [Member]
Loss Contingency, Damages Per Day, Liquidated Damages						$ 100
Loss Contingency, Damages Per Day, Punitive Damages						$ 1,000

Note 17 - Subsequent Events (De

Note 17 - Subsequent Events (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Nov. 01, 2021	Oct. 19, 2021	Oct. 01, 2021	Sep. 01, 2021	Jul. 01, 2021	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accelerated Share Repurchases, Initial Price, Shares (in shares)										1,749,644
Payments to Acquire Businesses, Net of Cash Acquired, Total								$ 17.9	$ 151.9	$ 49.4	$ 151.9
Subsequent Event [Member] | ACTINEO [Member]
Business Acquisition, Percentage of Voting Interests Acquired		96.70%
Payments to Acquire Businesses, Net of Cash Acquired, Total		$ 135
Subsequent Event [Member] | Data Driven Safety, LLC [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Payments to Acquire Businesses, Net of Cash Acquired, Total	$ 93.2
Payments to Acquire Businesses, Indemnity Escrows	$ 2
June 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price						$ 75	$ 150
Accelerated Share Repurchases, Initial Price, Shares (in shares)				111,429	686,813
Accelerated Share Repurchases, Initial Price Paid Per Share (in dollars per share)					$ 174.72
June 2021 Share Repurchase Program [Member] | Subsequent Event [Member]
Accelerated Share Repurchases, Initial Price, Shares (in shares)			299,595
Accelerated Share Repurchases, Initial Price Paid Per Share (in dollars per share)			$ 200.27
Accelerated Share Repurchases, Settlement (Payment) or Receipt			$ 60