Verisk Analytics (VRSK) 10-Q 31 Jul 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Jul. 26, 2024
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	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
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		142,423,816

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 632.1	$ 302.7
Accounts receivable, net of allowance for doubtful accounts of $19.5 and $15.1, respectively	479.1	334.2
Prepaid expenses	83.9	84.5
Income taxes receivable	76.1	23.5
Other current assets	36	65.2
Total current assets	1,307.2	810.1
Noncurrent assets:
Fixed assets, net	623.8	604.9
Operating lease right-of-use assets, net	181.4	191.7
Intangible assets, net	433.1	471.7
Goodwill	1,758.5	1,760.8
Deferred income tax assets	30.6	30.8
Other noncurrent assets	433.3	496.1
Total assets	4,767.9	4,366.1
Current liabilities:
Accounts payable and accrued liabilities	244.9	340.8
Short-term debt and current portion of long-term debt	516.8	14.5
Deferred revenues	572.7	375.1
Operating lease liabilities	26.9	33.1
Income taxes payable	10	7.9
Total current liabilities	1,371.3	771.4
Noncurrent liabilities:
Long-term debt	2,552.4	2,852.2
Deferred income tax liabilities	192.9	210.1
Operating lease liabilities	193.4	195.6
Other noncurrent liabilities	22.6	14.6
Total liabilities	4,332.6	4,043.9
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $.001 par value; 2,000,000,000 shares authorized; 544,003,038 shares issued; 142,460,614 and 143,308,729 shares outstanding, respectively	0.1	0.1
Additional paid-in capital	2,942.8	2,872.3
Treasury stock, at cost, 401,542,424 and 400,694,309 shares, respectively	(9,389.2)	(9,037.5)
Retained earnings	6,833.3	6,416.9
Accumulated other comprehensive income	43.3	58.2
Total Verisk stockholders' equity	430.3	310
Noncontrolling interests	5	12.2
Total stockholders’ equity	435.3	322.2
Total liabilities and stockholders’ equity	$ 4,767.9	$ 4,366.1

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Allowance for doubtful accounts	$ 19.5	$ 15.1
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)	142,460,614	143,308,729
Treasury stock (in shares)	401,542,424	400,694,309

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 716.8	$ 675	$ 1,420.8	$ 1,326.6
Operating expenses:
Cost of revenues (exclusive of items shown separately below)	219.4	216.9	447.2	433.1
Selling, general and administrative	101.5	86.8	194.4	165.8
Depreciation and amortization of fixed assets	59	46.5	116.4	91.1
Amortization of intangible assets	18.2	18.8	36.7	36.5
Total operating expenses, net	398.1	369	794.7	726.5
Operating income	318.7	306	626.1	600.1
Other income (expense):
Net gain on early extinguishment of debt	3.6	0	3.6	0
Investment gain (loss)	99.8	(6.2)	96.5	(7.3)
Interest expense, net	(29.1)	(31.6)	(58)	(58)
Total other income (expense), net	74.3	(37.8)	42.1	(65.3)
Income from continuing operations before income taxes	393	268.2	668.2	534.8
Provision for income taxes	(85.2)	(63.9)	(141)	(136.1)
Income from continuing operations	307.8	204.3	527.2	398.7
Loss from discontinued operations net of tax benefit (expense) of $0.0, $0.9, $0.0, and $(0.2), respectively (Note 7)	0	(7.5)	0	(145.5)
Net income	307.8	196.8	527.2	253.2
Less: Net loss attributable to noncontrolling interests	0.3	0.1	0.5	0
Net income attributable to Verisk	$ 308.1	$ 196.9	$ 527.7	$ 253.2
Income from continuing operations (in dollars per share)	$ 2.16	$ 1.41	$ 3.69	$ 2.69
Loss from discontinued operations (in dollars per share)	0	(0.05)	0	(0.98)
Basic net income per share attributable to Verisk: (in dollars per share)	2.16	1.36	3.69	1.71
Income from continuing operations (in dollars per share)	2.15	1.41	3.67	2.67
Loss from discontinued operations (in dollars per share)	0	(0.06)	0	(0.97)
Diluted net income per share attributable to Verisk: (in dollars per share)	$ 2.15	$ 1.35	$ 3.67	$ 1.7
Weighted-average shares outstanding:
Basic (in shares)	142,705,508	144,834,494	143,001,836	148,433,375
Diluted (in shares)	143,293,222	145,500,121	143,633,378	149,104,720

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
(Loss) income from discontinued operations, tax	$ 0	$ 900	$ 0	$ (200)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net income (loss)	$ 307.8	$ 196.8	$ 527.2	$ 253.2
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustment	(1.4)	16	(15.7)	775.2
Pension and postretirement liability adjustment	0.9	0.9	1.7	1.6
Total other comprehensive (loss) income	(0.5)	16.9	(14)	776.8
Comprehensive income	307.3	213.7	513.2	1,030
Less: Comprehensive loss (income) attributable to noncontrolling interests	0.2	(0.6)	(0.9)	0
Comprehensive income attributable to Verisk	$ 307.5	$ 213.1	$ 512.3	$ 1,030

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Share-Based Payment Arrangement, Option [Member] Common Stock [Member]	Share-Based Payment Arrangement, Option [Member] Additional Paid-in Capital [Member]	Share-Based Payment Arrangement, Option [Member] Treasury Stock, Common [Member]	Share-Based Payment Arrangement, Option [Member] Retained Earnings [Member]	Share-Based Payment Arrangement, Option [Member] AOCI Attributable to Parent [Member]	Share-Based Payment Arrangement, Option [Member] Parent [Member]	Share-Based Payment Arrangement, Option [Member] Noncontrolling Interest [Member]	Share-Based Payment Arrangement, Option [Member]	Performance Shares [Member] Common Stock [Member]	Performance Shares [Member] Additional Paid-in Capital [Member]	Performance Shares [Member] Treasury Stock, Common [Member]	Performance Shares [Member] Retained Earnings [Member]	Performance Shares [Member] AOCI Attributable to Parent [Member]	Performance Shares [Member] Parent [Member]	Performance Shares [Member] Noncontrolling Interest [Member]	Performance Shares [Member]	Restricted Stock [Member] Common Stock [Member]	Restricted Stock [Member] Additional Paid-in Capital [Member]	Restricted Stock [Member] Treasury Stock, Common [Member]	Restricted Stock [Member] Retained Earnings [Member]	Restricted Stock [Member] AOCI Attributable to Parent [Member]	Restricted Stock [Member] Parent [Member]	Restricted Stock [Member] Noncontrolling Interest [Member]	Restricted Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2022																									544,003,038
Balance at Dec. 31, 2022																									$ 0.1	$ 2,720.8	$ (6,239.5)	$ 5,999.1	$ (731.2)	$ 1,749.3	$ 18.4	$ 1,767.7
Net income (loss)																									0	0	0	253.2	0	253.2	0	253.2
Other comprehensive (loss) income																									0	0	0	0	776.8	776.8	(0.1)	776.7
Investment in noncontrolling interests																									0	(3.9)	0	0	0.1	(3.8)	(6.5)	(10.3)
Common stock dividend (1)																									0	0	0	(98.5)	0	(98.5)	0	(98.5)
Treasury stock acquired																									0	37.5	(2,538.8)	0	0	(2,501.3)	0	(2,501.3)
Treasury stock shares repurchased not yet settled																										(500.3)	500.3		0	0	0	0
Excise tax associated with share repurchases																										0	(18.1)		0	(18.1)	0	(18.1)
Stock options exercised																									0	93.8	20.4	0	0	114.2	0	114.2
Restricted stock ("RSAs") lapsed																	$ 0	$ (1.7)	$ 1.7	$ 0	$ 0	$ 0	$ 0	$ 0
Stock-based compensation expense																									0	33.9	0	0	0	33.9	0	33.9
Net share settlement from RSAs																									0	(13.8)	0	0	0	(13.8)	0	(13.8)
Other stock issuances																									$ 0	1.8	0.3	0	0	2.1	0	2.1
Balance (in shares) at Jun. 30, 2023																									544,003,038
Balance at Jun. 30, 2023																									$ 0.1	2,367.7	(8,273.3)	6,153.8	45.7	294	11.8	305.8
PSUs lapsed									$ 0	$ (0.4)	$ 0.4	$ 0	$ 0	$ 0	$ 0	$ 0
Balance (in shares) at Mar. 31, 2023																									544,003,038
Balance at Mar. 31, 2023																									$ 0.1	2,315.5	(8,283.3)	6,006.7	29.4	68.4	11.2	79.6
Net income (loss)																									0	0	0	196.9	0	196.9	(0.1)	196.8
Other comprehensive (loss) income																									0	0	0	0	16.9	16.9	0.6	17.5
Common stock dividend (1)																									0	0	0	(49.8)	0	(49.8)	0	(49.8)
Excise tax associated with share repurchases																									0	0	1	0	0	1	0	1
Stock options exercised																									0	43.1	8.6	0	0	51.7	0	51.7
Restricted stock ("RSAs") lapsed																	0	(0.3)	0.3	0	0	0	0	0
Stock-based compensation expense																										10	0	0	0	10	0	10
Net share settlement from RSAs																										(1.5)	0	0	0	(1.5)	0	(1.5)
Other stock issuances																									0	0.9	0.1	0	0	1	0	1
Investment in noncontrolling interests																									$ 0	0	0	0	(0.6)	(0.6)	0.1	(0.5)
Balance (in shares) at Jun. 30, 2023																									544,003,038
Balance at Jun. 30, 2023																									$ 0.1	2,367.7	(8,273.3)	6,153.8	45.7	294	11.8	305.8
Balance (in shares) at Dec. 31, 2023																									544,003,038
Balance at Dec. 31, 2023																									$ 0.1	2,872.3	(9,037.5)	6,416.9	58.2	310	12.2	322.2
Net income (loss)																									0	0	0	527.7	0	527.7	(0.5)	527.2
Other comprehensive (loss) income																									0	0	0	0	(15.5)	(15.5)	0.9	(14.6)
Investment in noncontrolling interests																									0	(7)	0	0	0.6	(6.4)	(7.6)	(14)
Common stock dividend (1)																									0	0	0	(111.3)	0	(111.3)	0	(111.3)
Treasury stock acquired																									0	37.5	(387.7)	0	0	(350.2)	0	(350.2)
Treasury stock shares repurchased not yet settled																									0	(22.5)	22.5	0	0	0	0	0
Excise tax associated with share repurchases																									0	0	(2)	0	0	(2)	0	(2)
Stock options exercised	$ 0	$ 49.8	$ 13.1	$ 0	$ 0	$ 62.9	$ 0	$ 62.9
Restricted stock ("RSAs") lapsed																	0	(1.4)	1.4	0	0	0	0	0
Stock-based compensation expense																									0	25.6	0	0	0	25.6	0	25.6
Net share settlement from RSAs																									0	(12.6)	0	0	0	(12.6)	0	(12.6)
Other stock issuances																									$ 0	1.7	0.4	0	0	2.1	0	2.1
Balance (in shares) at Jun. 30, 2024																									544,003,038
Balance at Jun. 30, 2024																									$ 0.1	2,942.8	(9,389.2)	6,833.3	43.3	430.3	5	435.3
PSUs lapsed									$ 0	$ (0.6)	$ 0.6	$ 0	$ 0	$ 0	$ 0	$ 0
Balance (in shares) at Mar. 31, 2024																									544,003,038
Balance at Mar. 31, 2024																									$ 0.1	2,895.6	(9,238)	6,580.9	43.6	282.2	5.6	287.8
Net income (loss)																									0	0	0	308.1	0	308.1	(0.3)	307.8
Other comprehensive (loss) income																									0	0	0	0	(0.9)	(0.9)	(0.2)	(1.1)
Investment in noncontrolling interests																									0	0	0	0	0.6	0.6	(0.1)	0.5
Common stock dividend (1)																									0	0	0	(55.7)	0	(55.7)	0	(55.7)
Treasury stock acquired																									0	30	(180.1)	0	0	(150.1)	0	(150.1)
Treasury stock shares repurchased not yet settled																									0	(22.5)	22.5	0	0	0	0	0
Excise tax associated with share repurchases																									0	0	(0.8)	0	0	(0.8)	0	(0.8)
Stock options exercised	$ 0	$ 27.1	$ 6.8	$ 0	$ 0	$ 33.9	$ 0	$ 33.9
Restricted stock ("RSAs") lapsed																	$ 0	$ (0.1)	$ 0.1	$ 0	$ 0	$ 0	$ 0	$ 0
Stock-based compensation expense																									0	12.4	0	0	0	12.4	0	12.4
Net share settlement from RSAs																									0	(0.5)	0	0	0	(0.5)	0	(0.5)
Other stock issuances																									$ 0	0.8	0.3	0	0	1.1	0	1.1
Balance (in shares) at Jun. 30, 2024																									544,003,038
Balance at Jun. 30, 2024																									$ 0.1	$ 2,942.8	$ (9,389.2)	$ 6,833.3	$ 43.3	$ 430.3	$ 5	$ 435.3

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Performance Shares [Member]
Treasury stock acquired, shares (in shares)	632,047
Shares transferred from treasury stock (in shares)			27,819	27,771
Other stock issuances (in shares)	5,488		11,878
Share-Based Payment Arrangement, Option [Member]
Shares transferred from treasury stock (in shares)	294,685	417,771	573,246	1,049,105
Restricted Stock [Member]
Shares transferred from treasury stock (in shares)	7,303	13,864	63,262	99,786
Treasury stock acquired, shares (in shares)			1,524,320	10,902,788
Shares withheld for tax settlement (in shares)	1,979	7,359	52,977	75,166
Other stock issuances (in shares)		8,108		16,292

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net income (loss)	$ 307.8	$ 196.8	$ 527.2	$ 253.2
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of fixed assets	59	46.5	116.4	91.1
Amortization of intangible assets	18.2	18.8	36.7	36.5
Amortization of debt issuance costs and original issue discount, net of original issue premium	0.9	0.5	1.3	0.6
Provision for doubtful accounts	3.5	2.9	6.9	5.5
Net gain on early extinguishment of debt	(3.6)	0	(3.6)	0
Loss on sale of assets	0	6.9	0	135.3
Impairment of cost-based investments	0	6.5	1	6.5
Stock-based compensation expense	12.4	10	25.6	33.9
Net gain upon settlement of investment in non-public companies	(98.3)	0	(98.3)	0
Deferred income taxes	(9.5)	2.3	(17.8)	(16.7)
Loss on disposal of fixed assets	0.2	0	0.2	(0.1)
Acquisition related liability adjustment	0	(22)	0	(22)
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable	4.1	58.2	(151.8)	(127.2)
Prepaid expenses and other assets	16.4	(4.5)	25.2	(37.4)
Operating lease right-of-use assets, net	7.1	10	13.7	12.9
Income taxes	(40.7)	(74.2)	17.3	8
Accounts payable and accrued liabilities	0.4	31.5	(99)	(0.9)
Deferred revenues	(62.9)	(86.6)	197.9	174.7
Operating lease liabilities	(4.5)	(10.5)	(11.8)	(13.1)
Other liabilities	1.2	(0.2)	5.3	17.4
Net cash provided by operating activities	211.7	192.9	592.4	558.2
Cash flows from investing activities:
Acquisitions and purchase of additional controlling interest, net of cash acquired of $0.0, $7.0, $1.8, and $8.0, respectively	0	(46.1)	(23.4)	(83.3)
Proceeds from sale of assets	0	0	0	3,066.4
Investments in non-public companies	1.8	0	0.5	(0.8)
Proceeds received upon settlement of investment in non-public companies	112.1	0	112.1	0
Capital expenditures	(57.8)	(58.2)	(113)	(119.4)
Escrow funding associated with acquisitions	0	(3.8)	0	(3.8)
Other investing activities, net	0	(0.2)	0	(0.3)
Net cash provided by (used in) investing activities	56.1	(108.3)	(23.8)	2,858.8
Cash flows from financing activities:
Proceeds from issuance of long-term debt, net of original issue discount	590.2	0	590.2	495.2
Payment of debt issuance costs	(5.6)	(1.2)	(5.6)	(6.7)
Payment on early extinguishment of debt	(396.4)	0	(396.4)	0
Repayment of short-term debt	0	0	0	(1,265)
Repayment of short-term debt with original maturities greater than three months	0	0	0	(125)
Repurchases of common stock	(127.5)	0	(327.5)	(2,000)
Share repurchases not yet settled	(22.5)	0	(22.5)	(500)
Payment of contingent liability related to acquisition	0	0	(8.5)	0
Proceeds from stock options exercised	35	56.5	63.2	114.9
Net share settlement of taxes from restricted stock and performance share awards	(0.5)	(1.4)	(12.6)	(13.7)
Dividends paid	(55.5)	(49.5)	(111.3)	(98.7)
Other financing activities, net	(3.1)	(1.2)	(5.9)	(2.8)
Net cash provided by (used in) financing activities	14.1	3.2	(236.9)	(3,401.8)
Effect of exchange rate changes	(2.2)	(11)	(2.3)	0.8
Net increase in cash and cash equivalents	279.7	76.8	329.4	16
Cash and cash equivalents, beginning of period	352.4	231.9	302.7	292.7
Cash and cash equivalents, end of period	632.1	308.7	632.1	308.7
Supplemental disclosures:
Income taxes paid	135.3	134.9	141.4	144.9
Interest paid	46	36.1	55.1	52.4
Noncash investing and financing activities:
Deferred tax liability established on date of acquisition	0	7.2	1.4	10.3
Net assets sold as part of disposition	0	0	0	3,211.8
Finance lease additions	10.1	6.9	22.5	13.1
Operating lease additions, net	1.1	(0.5)	3.8	25.8
Fixed assets included in accounts payable and accrued liabilities	$ 0	$ 0.1	$ 0	$ 0.3

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net of cash acquired from acquisitions	$ 0	$ 7,000	$ 1,800	$ 8,000

Note 1 - Organization

Note 1 - Organization	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Verisk Analytics, Inc. is a strategic data analytics and technology partner to the global insurance industry. We empower clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability, and political issues. Through advanced data analytics, software, scientific research, and deep industry knowledge, we help build global resilience for individuals, communities, and businesses. We trade under the ticker symbol "VRSK" on the Nasdaq Global Select Market.

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
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 and intangibles, 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 June 30, 2024 three six June 30, 2024 2023 three six June 30, 2024 not three six June 30, 2024 10 December 31, 2023 On February 1, 2023, 205 20, Discontinued Operations 205 20” 205 20. Recent Accounting Pronouncements Accounting Standard Description Effective Date Effect on Consolidated Financial Statements or Other Significant Matters Segment Reporting (Topic 280 November 2023, No. 2023 07, No. 2023 07" This update changes the reportable segment disclosure requirements requiring enhanced disclosures about significant segment expenses. Public entities are required to disclose significant segment expenses that are regularly provided to the chief operating decision maker and to disclose how reported measures of segment profit or loss are used in assessing segment performance and allocating resources. ASU No. 2023 07 December 15, 2023, December 15, 2024. The adoption of this guidance is not Income Taxes (Topic 740 December 2023, No. 2023 09, No. 2023 09 The amendments within ASU No. 2023 09 The ASU’s amendments are effective for public business entities for fiscal years beginning after December 15, 2024. The adoption of this guidance is not

Note 3 - Revenues

Note 3 - Revenues	6 Months Ended
	Jun. 30, 2024
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 six June 30, 2024 2023 No of the U.S. accounted for 10.0% three six June 30, 2024 2023 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Insurance: Underwriting $ 507.5 $ 478.1 $ 1,005.9 $ 938.6 Claims 209.3 196.9 414.9 388.0 Total revenues $ 716.8 $ 675.0 $ 1,420.8 $ 1,326.6 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Revenues: United States $ 593.6 $ 563.4 $ 1,174.7 $ 1,115.2 United Kingdom 51.0 45.0 102.9 91.9 Other countries 72.2 66.6 143.2 119.5 Total revenues $ 716.8 $ 675.0 $ 1,420.8 $ 1,326.6 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 June 30, 2024 and December 31, 2023 , 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 (or an amount of consideration is due) from the customer. As of June 30, 2024 and December 31, 2023 , we had contract liabilities that primarily related to unsatisfied performance obligations to provide customers with the right to use and update the online content over the remaining contract term of $576.3 million and $375.1 million, respectively. 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 June 30, 2024 and December 31, 2023 . The following is a summary of the change in contract liabilities from December 31, 2023 through June 30, 2024 : Contract liabilities at December 31, 2023 $ 375.1 Additions to contract liabilities 1,621.7 Revenue (1,420.8 ) Foreign currency translation adjustment 0.3 Contract liabilities at June 30, 2024 $ 576.3 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. Our 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 99% e balance at June 30, 2024 and December 31, 2023 . 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 June 30, 2024 and December 31, 2023 , we had deferred commissions of $76.2 mil lion an d $ 76.4 milli on, respectively, which have been included in "Prepaid expenses" and "Other noncurrent assets" in our accompanying condensed consolidated balance sheets.

Note 4 - Investments and Fair V

Note 4 - Investments and Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
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, ASC 820 10, Fair Value Measurements 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 June 30, 2024 and December 31, 2023 . 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 June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 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 $ 3,019.5 $ 2,870.4 $ 2,833.7 $ 2,735.3 As of June 30, 2024 and December 31, 2023 , we had securities without readily determinable market values of $196.1 million and $200.9 million, respectively, which were accounted for at cost. We do not not June 30, 2024 and December 31, 2023 , we also had investments in private companies of $ 25.5 million and $30.5 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 six June 30, 2024 , there was no provision for credit losses related to these investments. During the second

Note 5 - Leases

Note 5 - Leases	6 Months Ended
	Jun. 30, 2024
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" The following table presents the consolidated lease cost and cash paid for amounts included in the measurement of lease liabilities for finance and operating leases for the three six June 30, 2024 2023 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Lease cost: Operating lease cost (1) $ 8.2 $ 8.4 $ 16.7 $ 17.4 Sublease income (1.1 ) (0.3 ) (2.1 ) (0.7 ) Finance lease costs: Depreciation of finance lease assets (2) 4.9 3.1 9.3 6.8 Interest on finance lease liabilities (3) 0.7 0.2 1.2 0.3 Total lease cost $ 12.7 $ 11.4 $ 25.1 $ 23.8 Other information: Cash paid for amounts included in the measurement of lease liabilities Operating cash outflows from operating leases $ (7.7 ) $ (8.7 ) $ (16.6 ) $ (17.7 ) Operating cash outflows from finance leases $ (0.7 ) $ (0.2 ) $ (1.2 ) $ (0.3 ) Financing cash outflows from finance leases $ (3.1 ) $ (1.2 ) $ (5.9 ) $ (2.8 ) _______________ ( 1 ( 2 ( 3 The following table presents weighted-average remaining lease terms and weighted-average discount rates for the consolidated finance and operating leases as of June 30, 2024 2023 June 30, 2024 2023 Weighted-average remaining lease term - operating leases (in years) 7.7 8.7 Weighted-average remaining lease term - finance leases (in years) 3.2 4.4 Weighted-average discount rate - operating leases 3.9 % 3.9 % Weighted-average discount rate - finance leases 4.2 % 3.5 % Our ROU assets and le ase liabilities for finance leases were $53.7 million and $51.1 million, respectively, as of June 30, 2024 . Our ROU assets and lease liabilities for finance leases were $41.2 million and $34.5 million, r December 31, 2023 Note 10 Maturities of lease liabilities for the remainder of 2024 2029 June 30, 2024 Years Ending Operating Leases Finance Leases 2024 $ 18.3 $ 15.6 2025 35.0 19.8 2026 33.5 9.4 2027 33.2 7.9 2028 32.0 4.2 2029 and thereafter 104.0 — Total lease payments 256.0 56.9 Less: amount representing interest (35.7 ) (5.8 ) Present value of total lease payments $ 220.3 $ 51.1

Note 6 - Acquisitions

Note 6 - Acquisitions	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Business Combination Disclosure [Text Block]	6. 2024 O n January 8, 2024, not 2022, For the three six June 30, 2024 , we incurred transaction costs of $0.0 million and $0.1 million, respectively. The transaction costs were included within "Selling, general and administrative" expenses in our accompanying condensed consolidated statements of operations. The 2024 acquisition was immaterial to our condensed consolidated statement of operations for the three six June 30, 2024 2023 , 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 June 30, 2024 and December 31, 2023 , the current portion of the escrows amounted to $3.8 million and $3.9 million, respecti vely. There were n o noncurrent portions of the escrows. The current portion of the escrows have been included in "Other current assets" in our accompanying condensed consolidated balance sheets. As of June 30, 2024 , the acquisitions of Rocket Enterprise Solutions GmbH, LLC, Krug Sachverständigen GmbH, and Morning Data 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/or EBITDA margin earn-out targets for exceptional performance. We believe that the liabilities recorded as of June 30, 2024 and December 31, 2023 reflect the best estimate of acquisition-related contingent payments. The associated current portion of the contingent payments were $0.0 million and $10.0 million as of June 30, 2024 and December 31, 2023 , respectively. The associated noncurrent portion of contingent payments was $2.1 million as of June 30, 2024 and December 31, 2023 .

Note 7 - Dispositions and Disco

Note 7 - Dispositions and Discontinued Operations	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	7. Discontinued Operations: On February 1, 2023, The Energy business, which was part of our Energy and Specialized Markets segment, was classified as discontinued operations per ASC 205 20 December 31, 2022. February 1, 2023, second fourth 2023, The following table presents the financial results from discontinued operations, net of income taxes in our consolidated statement of income for the periods indicated: For the Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Revenues $ — $ — $ - $ 46.8 Operating expenses: Cost of revenues (exclusive of items shown separately below) — (0.1 ) — 18.2 Selling, general and administrative — 0.1 — 33.1 Depreciation and amortization of fixed assets — — — — Amortization of intangible assets — — — — Other operating loss, net — 6.9 — 135.3 Total operating expenses — 6.9 — 186.6 Operating loss — (6.9 ) — (139.8 ) Other income (expense): Investment loss and others, net — (1.5 ) — (5.5 ) Loss from discontinued operations before income taxes — (8.4 ) — (145.3 ) Income tax benefit (expense) — 0.9 — (0.2 ) Loss from discontinued operations, net of income taxes $ — $ (7.5 ) $ — $ (145.5 ) The consolidated statements of cash flows have not For the Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Significant non-cash operating activities: Depreciation and amortization of fixed assets $ — $ — $ — $ — Amortization of intangible assets — — — — Operating lease right-of-use assets, net — — — 0.1 Investing activities: Capital expenditures — — — (6.5 ) Supplemental disclosures: Fixed assets included in accounts payable and accrued liabilities — — — —

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2024
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, 2023 June 30, 2024 Insurance Goodwill at December 31, 2023 $ 1,760.8 Acquisitions(1) 10.6 Purchase accounting reclassifications 0.3 Foreign currency translation adjustment (13.2 ) Goodwill at June 30, 2024 $ 1,758.5 _______________ ( 1 Note 6 Goodwill and intangible assets with indefinite lives are subject to impairment testing annually as of June 30, may not may first not not not June 30, 2024, zero not not not There were no impairments to long lived assets for the three six June 30, 2024 2023 Our intangible assets and related accumulated amortization consisted of the following: Weighted Average Useful Life (in years) Cost Accumulated Amortization Net June 30, 2024 Technology-based 8 $ 368.9 $ (274.8 ) $ 94.1 Marketing-related 6 42.6 (39.4 ) 3.2 Contract-based 6 5.0 (5.0 ) — Customer-related 13 539.7 (210.2 ) 329.5 Database-based 8 15.2 (8.9 ) 6.3 Total intangible assets $ 971.4 $ (538.3 ) $ 433.1 December 31, 2023 Technology-based 8 $ 370.2 $ (261.2 ) $ 109.0 Marketing-related 6 42.7 (38.7 ) 4.0 Contract-based 6 5.0 (5.0 ) — Customer-related 13 542.1 (190.7 ) 351.4 Database-based 8 15.2 (7.9 ) 7.3 Total intangible assets $ 975.2 $ (503.5 ) $ 471.7 Amortization expense related to intangible assets for the three June 30, 2024 2023 was $18.2 million and $18.8 million, respectively. six June 30, 2024 2023 Estimated amortization expense for the remainder of 2024 and the years through 2029 Years Ending Amount 2024 $ 35.2 2025 62.8 2026 60.8 2027 52.6 2028 45.6 2029 and thereafter 176.1 Total $ 433.1

Note 9 - Income Taxes

Note 9 - Income Taxes	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Our effective tax rate for the three six June 30, 2024 three six June 30, 2023 of 23.8% and 25.4%, respectively. The three June 30, 2024 three June 30, 2023 The six June 30, 2024 six June 30, 2023 A number of jurisdictions have begun to enact legislation to implement the Organization for Economic Co-operation and Development’s 15% January 1, 2024. not

Note 10 - Debt

Note 10 - Debt	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	10. The following table presents short-term and long-term debt by issuance as of June 30, 2024 December 31, 2023 Issuance Date Maturity Date 2024 2023 Short-term debt and current portion of long-term debt: Credit Facilities: Syndicated revolving credit facility Various Various $ — $ — Senior notes: 4.000 0.7 5/15/2015 6/15/2025 499.3 — Finance lease liabilities (1) Various Various 17.5 14.5 Short-term debt and current portion of long-term debt 516.8 14.5 Long-term debt: Senior notes: 4.000 1.8 5/15/2015 6/15/2025 — 898.2 4.125 7.0 7.8 3/6/2019 3/15/2029 607.0 607.8 5.500 3.7 3.8 5/15/2015 6/15/2045 346.3 346.2 3.625 9.4 9.6 5/13/2020 5/15/2050 490.6 490.4 5.750 8.4 8.9 3/3/2023 4/1/2033 491.6 491.1 5.250 15.3 6/5/2024 6/5/2034 584.7 — Finance lease liabilities (1) Various Various 33.6 20.0 Syndicated revolving credit facility debt issuance costs Various Various (1.4 ) (1.5 ) Long-term debt 2,552.4 2,852.2 Total debt $ 3,069.2 $ 2,866.7 _______________ ( 1 Note 5 Senior Notes As of June 30, 2024 and December 31, 2023 , we had senior notes with an aggregate principal amount of $3,050.0 million and $2,850.0 million outstanding, respectively, and were in compliance with our financial and other covenants. On June 5, 2024, 2034 "2034 2034 June 5, 2034 June 5th December 5th December 5th, 2024. 2034 2034 2034 2025 "2025 2034 On June 7, 2024, 2025 $1,000.00 2025 2034 three June 30, 2024. Credit Facilities We have a syndicated revolving credit facility ("Syndicated Revolving Credit Facility") with a borrowing capacity of $1,000.0 million 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., Morgan Stanley Bank, N.A., TD Bank, N.A., Goldman Sachs Bank USA, and the Northern Trust Company. The Syndicated Revolving Credit Facility may June 30, 2024 , we were in compliance with all financial and other debt covenants under our Syndicated Revolving Credit Facility. As of June 30, 2024 and December 31, 2023 , the available capacity under the Syndicated Revolving Credit Facility was $995.5 million and $995.4 million, which takes into account outstanding letters of credit of $4.5 million and $4.6 million, respectively.

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Equity [Text Block]	11. We have 2,000,000,000 shares of authorized common stock as of June 30, 2024 and December 31, 2023 . 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 June 30, 2024 and December 31, 2023 , the adjusted closing price of our common stock was $269.55 and $238.86 per share, respectively. 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 June 30, 2024 and December 31, 2023 . On February 14, 2024 April 24, 2024, March 15, 2024 June 15, 2024, six June 30, 2024 2023 , respectively, and recorded as a reduction to retained earnings. Share Repurchase Program In December 2023 March 2024 , we entered into Accelerated Share Repurchase ("ASR") agreements (the "December 2023 "March 2024 815 40, Contracts in Entity's Own Equity ("ASC 815 40 " ) and deemed to have a fair value of zero The aggregate purchase price was recorded as a reduction to stockholder's equity in our condensed consolidated statements of changes in stockholder's equity for the six June 30, 2024 . Upon payment of the aggregate purchase price on December 14, 2023 March 13 , 2024 , we received an aggregate delivery of 873,479 and 714,046 shares of our common stock, respectively. Upon the final settlement of the December 2023 the March 2024 in February 2024 April 2024 , we received 178,227 and 148,286 additional shares as determined based on the volume weighted average share price of our common stock, less a discount, of $237.71 and $231.93 during the term of the December 2023 March 2024 , respectively. These repurchases for the six June 30, 2024 resulted in a reduction of outstanding shares used to calculate the weighted average common shares outstanding for basic and diluted earnings per share ("EPS"). In June 2024, "June 2024 June 13, 2024, June 2024 July 2024, 68,645 $271.54 June 2024 Through the second 2024 , we recorded total excise tax of $27.2 million, which has been included within treasury stock, as part of the cost basis of the stock repurchased, and other current and other noncurrent liabilities in our condensed consolidated balance sheet as of June 30, 2024 . Treasury Stock As of June 30, 2024 , our treasury stock consisted of 401,542,424 shares of common stock, carried at cost. During the six months ended June 30, 2024 , we transferred 676,205 shares of common stock from the treasury shares at a weighted average treasury stock price of $22.86 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 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 six June 30, 2024 2023 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator used in basic and diluted EPS: Income from continuing operations $ 307.8 $ 204.3 $ 527.2 $ 398.7 Less: Net income attributable to noncontrolling interests 0.3 0.1 0.5 — Loss from discontinued operations, net of tax — (7.5 ) — (145.5 ) Net income attributable to Verisk $ 308.1 $ 196.9 $ 527.7 $ 253.2 Denominator: Weighted average number of common shares used in basic EPS 142,705,508 144,834,494 143,001,836 148,433,375 Effect of dilutive shares: Potential common shares issuable from stock options and stock awards 587,714 665,627 631,542 671,345 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 143,293,222 145,500,121 143,633,378 149,104,720 The potential shares of common stock that were excluded from diluted EPS were 253,641 and 661,150 for the three June 30, 2024 June 30, 2023 , and 254,251 and 1,030,278 for the six June 30, 2024 2023 , respectively, because the effect of including those potential shares was anti-dilutive. Accumulated Other Comprehensive Income (Loss) The following is a summary of accumulated other comprehensive income (loss) as of June 30, 2024 December 31, 2023 2024 2023 Foreign currency translation adjustment $ 114.1 $ 130.7 Pension and postretirement adjustment, net of tax (70.8 ) (72.5 ) Accumulated other comprehensive income $ 43.3 $ 58.2 The before-tax and after-tax amounts of other comprehensive income (loss) income for the three six June 30, 2024 2023 Before Tax Tax (Expense) Benefit After Tax For the Three Months Ended June 30, 2024 Foreign currency translation adjustment attributable to Verisk $ (1.2 ) $ — $ (1.2 ) Foreign currency translation adjustment attributable to noncontrolling interests (0.2 ) — (0.2 ) Foreign currency translation adjustment (1.4 ) — (1.4 ) Pension and postretirement adjustment before reclassifications 2.3 (0.5 ) 1.8 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.2 ) 0.3 (0.9 ) Pension and postretirement adjustment 1.1 (0.2 ) 0.9 Total other comprehensive loss $ (0.3 ) $ (0.2 ) $ (0.5 ) For the Three Months Ended June 30, 2023 Foreign currency translation adjustment attributable to Verisk $ 15.4 $ — $ 15.4 Foreign currency translation adjustment attributable to noncontrolling interests 0.6 — 0.6 Foreign currency translation adjustment 16.0 — 16.0 Pension and postretirement adjustment before reclassifications 2.4 (1.3 ) 1.1 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.3 ) 1.1 (0.2 ) Pension and postretirement adjustment 1.1 (0.2 ) 0.9 Total other comprehensive income $ 17.1 $ (0.2 ) $ 16.9 Before Tax Tax (Expense) Benefit After Tax For the Six Months Ended June 30, 2024 Foreign currency translation adjustment attributable to Verisk $ (16.6 ) $ — $ (16.6 ) Foreign currency translation adjustment attributable to noncontrolling interests 0.9 — 0.9 Foreign currency translation adjustment (15.7 ) — (15.7 ) Pension and postretirement adjustment before reclassifications 4.4 (1.0 ) 3.4 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (2.2 ) 0.5 (1.7 ) Pension and postretirement adjustment 2.2 (0.5 ) 1.7 Total other comprehensive loss $ (13.5 ) $ (0.5 ) $ (14.0 ) For the Six Months Ended June 30, 2023 Foreign currency translation adjustment attributable to Verisk $ 74.7 $ — $ 74.7 Foreign currency translation adjustment attributable to noncontrolling interests (0.1 ) — (0.1 ) Cumulative translation adjustment recognized upon deconsolidation of the Energy business 700.6 — 700.6 Foreign currency translation adjustment 775.2 — 775.2 Pension and postretirement adjustment before reclassifications 4.9 (1.2 ) 3.7 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (2.8 ) 0.7 (2.1 ) Pension and postretirement adjustment 2.1 (0.5 ) 1.6 Total other comprehensive gain $ 777.3 $ (0.5 ) $ 776.8 ___________ ( 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	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	12. All of our outstanding stock options, restricted stock awards, deferred stock units, and PSUs are covered under our 2021 2013 2021 may one 2021 June 30, 2024 , there were 12,792,016 shares of common stock reserved and available for future issuance under our 2021 six months ended June 30, 2024 2023 was $63.2 million and $114.9 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 one may four In January 2024, nonqualified stock options, 129,789 shares of restricted stock, and 47,838 PSUs to key employees. The nonqualified stock options and restricted stock have a graded service vesting period of four 500 three may A summary of the status of the stock options, restricted stock, and PSUs awarded under our 2021 2013 December 31, 2023 June 30, 2024 Stock Option Restricted Stock PSU Number of Shares 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 Outstanding at December 31, 2023 2,712,510 $ 143.91 $ 257.6 291,039 $ 186.28 181,236 $ 199.62 Granted 200,476 $ 236.76 149,334 $ 236.74 47,838 $ 265.94 Dividend reinvestment — $ — — $ — 564 N/A Exercised or lapsed (573,246 ) $ 109.84 $ 76.8 (99,187 ) $ 186.75 (47,821 ) $ 210.07 Canceled, expired or forfeited (17,129 ) $ 201.70 (8,932 ) $ 87.24 (1,870 ) $ 210.07 Outstanding at June 30, 2024 2,322,611 $ 159.85 $ 254.8 332,254 $ 208.63 179,947 $ 205.10 Exercisable at June 30, 2024 1,682,174 $ 143.30 $ 212.4 Exercisable at December 31, 2023 1,947,253 $ 127.43 $ 217.0 Nonvested at June 30, 2024 640,437 332,254 179,947 Expected to vest at June 30, 2024 525,913 287,727 259,381 (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 six June 30, 2024 2023 2024 2023 Option pricing model Black-Scholes Black-Scholes Weighted average grant price $ 236.76 $ 183.97 Expected volatility 23.53 % 27.36 % Risk-free interest rate 3.89 % 3.74 % Expected term in years 3.7 4.0 Dividend yield 0.66 % 0.66 % Weighted average grant date fair value per stock option $ 53.40 $ 47.70 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 stock-based compensation 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 5.1 years for the outstanding and exercisable stock options, respectively, as of June 30, 2024 . For the six June 30, 2024 , there was $102.9 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 June 30, 2024 , there were 442,201 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 six June 30, 2024 2023 , we issued 8,928 and 10,356 share s of common stock at a weighted discounted pric e of $238.01 and $196.96 for the ESPP, respectively. June 30, 2024 , there were 1,168,330 shares of common stock reserved and available for future issuance under our ESPP.

Note 13 - Pension and Postretir

Note 13 - Pension and Postretirement Benefits	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	13. We maintain a f rozen 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 . During the first 2024 December 31, 2023, The components of net periodic (benefit) cost for the three six June 30, 2024 2023 Pension Plan and SERP Postretirement Plan For the Three Months Ended June 30, 2024 2023 2024 2023 Interest cost $ 3.5 $ 4.4 $ 0.1 $ — Expected return on plan assets (6.2 ) (6.0 ) (0.1 ) — Amortization of prior service cost 0.2 0.1 — — Amortization of net actuarial loss 0.8 1.2 0.2 — Net periodic (benefit) cost $ (1.7 ) $ (0.3 ) $ 0.2 $ — Employer contributions, net $ 0.2 $ 0.3 $ 0.3 $ 0.2 Pension Plan and SERP Postretirement Plan For the Six Months Ended June 30, 2024 2023 2024 2023 Interest cost $ 7.6 $ 8.7 $ 0.1 $ — Expected return on plan assets (12.6 ) (12.2 ) (0.1 ) — Amortization of prior service cost 0.2 0.1 — — Amortization of net actuarial loss 1.7 2.7 0.3 — Net periodic (benefit) cost $ (3.1 ) $ (0.7 ) $ 0.3 $ — Employer contributions, net $ 0.4 $ 1.3 $ 0.5 $ 0.8 The expected contributions to the Pension Plan, SERP, and Postretirement Plan for the year ending December 31, 2024 December 31, 2023

Note 14 - Segment Reporting

Note 14 - Segment Reporting	6 Months Ended
	Jun. 30, 2024
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, and Energy and Specialized Markets, has a portion of its revenue from more than one three Insurance: Energy and Specialized Markets: February 1, 2023, Note 7. February 1, 2023, one one third not not not Note 3. The following tables provide our revenue and EBITDA by reportable segment for the three six June 30, 2024 2023 For the Three Months Ended June 30, 2024 June 30, 2023 Insurance Total Insurance Energy and Specialized Markets Total Revenues $ 716.8 $ 716.8 675.0 — $ 675.0 Expenses: Cost of revenues (exclusive of items shown separately below) (219.4 ) (219.4 ) (216.9 ) — (216.9 ) Selling, general and administrative (101.5 ) (101.5 ) (86.8 ) — (86.8 ) Net gain on the early extinguishment of debt 3.6 3.6 — — — Investment gain (loss) 99.8 99.8 (6.2 ) — (6.2 ) EBITDA from discontinued operations of the Energy business — — — (8.4 ) (8.4 ) EBITDA $ 499.3 $ 499.3 $ 365.1 $ (8.4 ) $ 356.7 EBITDA from discontinued operations of the Energy business — 8.4 Depreciation and amortization of fixed assets (59.0 ) (46.5 ) Amortization of intangible assets (18.2 ) (18.8 ) Interest expense (29.1 ) (31.6 ) Income before income taxes $ 393.0 $ 268.2 For the Six Months Ended June 30, 2024 June 30, 2023 Insurance Total Insurance Energy and Specialized Markets Total Revenues $ 1,420.8 $ 1,420.8 $ 1,326.6 $ — $ 1,326.6 Expenses: Cost of revenues (exclusive of items shown separately below) (447.2 ) (447.2 ) (433.1 ) — (433.1 ) Selling, general and administrative (194.4 ) (194.4 ) (165.8 ) — (165.8 ) Net gain on the early extinguishment of debt 3.6 3.6 — — — Investment gain (loss) 96.5 96.5 (7.3 ) — (7.3 ) EBITDA from discontinued operations of the Energy business — — — (145.3 ) (145.3 ) EBITDA $ 879.3 $ 879.3 $ 720.4 $ (145.3 ) 575.1 EBITDA from discontinued operations of the Energy business — 145.3 Depreciation and amortization of fixed assets (116.4 ) (91.1 ) Amortization of intangible assets (36.7 ) (36.5 ) Interest expense (58.0 ) (58.0 ) Income before income taxes $ 668.2 $ 534.8 Long-lived assets by country are provided below: June 30, 2024 December 31, 2023 Long-lived assets: U.S. $ 2,362.5 $ 2,455.7 U.K. 600.6 597.9 Other countries 497.6 502.4 Total long-lived assets $ 3,460.7 $ 3,556.0

Note 15 - Related Parties

Note 15 - Related Parties	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	15. We consider our stockholders that own more than 5.0% 850, Related Party Disclosures six June 30, 2024 2023 5.0%

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	16. We are a party to legal proceedings, investigations, examinations, subpoenas, third may Telematics Litigation As of April 19, 2024, 19 sixteen three one July 22, 2024. third June 7, No. 1:24 03115 ) not Indemnification Claim In December 2023, 2016, 2016 not Commercial Litigation On February 12, 2024, No. N24C 02 130 June 21, 2024. not ERISA Litigation On September 24, 2020, No. 2:20 13223 401 September 24, 2014 not January 12, 2021, April 13, 2021. May 5, 2023. October 4, 2023. January 12, 2024, April 22, 2024. May 22, 2024, June 21, 2024. Data Privacy Litigation On or about February 8, 2023, No. 000903 24, not 19,640 June 21, 2024, not August 20, 2024. not On January 30, 2023, No.: 8:23 00186. April 13, 2023. not February 7, 2024. February 22, 2024. not On June 27, 2022, No. 3:22 03789. 631 scrappyrent2own.com 17200 January 27, 2023. February 28, 2023. April 13, 2023. August 18, 2023 September 20, 2023. September 20, 2023. December 18, 2023. January 30, 2024. February 9, 2024 July 19, 2024. not On December 15, 2021, No. 2:21 6911. April 22, 2022. March 30, 2023, February 16, 2024. not

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		5. Other Information Rule 10b5 1 10b5 1 During the fiscal quarter ended June 30, 2024, none 10b5 1 10b5 1 408.
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
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 Segment Reporting (Topic 280 November 2023, No. 2023 07, No. 2023 07" This update changes the reportable segment disclosure requirements requiring enhanced disclosures about significant segment expenses. Public entities are required to disclose significant segment expenses that are regularly provided to the chief operating decision maker and to disclose how reported measures of segment profit or loss are used in assessing segment performance and allocating resources. ASU No. 2023 07 December 15, 2023, December 15, 2024. The adoption of this guidance is not Income Taxes (Topic 740 December 2023, No. 2023 09, No. 2023 09 The amendments within ASU No. 2023 09 The ASU’s amendments are effective for public business entities for fiscal years beginning after December 15, 2024. The adoption of this guidance is not

Note 3 - Revenues (Tables)

Note 3 - Revenues (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Insurance: Underwriting $ 507.5 $ 478.1 $ 1,005.9 $ 938.6 Claims 209.3 196.9 414.9 388.0 Total revenues $ 716.8 $ 675.0 $ 1,420.8 $ 1,326.6 Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Revenues: United States $ 593.6 $ 563.4 $ 1,174.7 $ 1,115.2 United Kingdom 51.0 45.0 102.9 91.9 Other countries 72.2 66.6 143.2 119.5 Total revenues $ 716.8 $ 675.0 $ 1,420.8 $ 1,326.6
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Contract liabilities at December 31, 2023 $ 375.1 Additions to contract liabilities 1,621.7 Revenue (1,420.8 ) Foreign currency translation adjustment 0.3 Contract liabilities at June 30, 2024 $ 576.3

Note 4 - Investments and Fair_2

Note 4 - Investments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	June 30, 2024 December 31, 2023 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 $ 3,019.5 $ 2,870.4 $ 2,833.7 $ 2,735.3

Note 5 - Leases (Tables)

Note 5 - Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Lease cost: Operating lease cost (1) $ 8.2 $ 8.4 $ 16.7 $ 17.4 Sublease income (1.1 ) (0.3 ) (2.1 ) (0.7 ) Finance lease costs: Depreciation of finance lease assets (2) 4.9 3.1 9.3 6.8 Interest on finance lease liabilities (3) 0.7 0.2 1.2 0.3 Total lease cost $ 12.7 $ 11.4 $ 25.1 $ 23.8 Other information: Cash paid for amounts included in the measurement of lease liabilities Operating cash outflows from operating leases $ (7.7 ) $ (8.7 ) $ (16.6 ) $ (17.7 ) Operating cash outflows from finance leases $ (0.7 ) $ (0.2 ) $ (1.2 ) $ (0.3 ) Financing cash outflows from finance leases $ (3.1 ) $ (1.2 ) $ (5.9 ) $ (2.8 )
Schedule of Weighted Average Number of Shares [Table Text Block]	June 30, 2024 2023 Weighted-average remaining lease term - operating leases (in years) 7.7 8.7 Weighted-average remaining lease term - finance leases (in years) 3.2 4.4 Weighted-average discount rate - operating leases 3.9 % 3.9 % Weighted-average discount rate - finance leases 4.2 % 3.5 %
Lessee, Lease Liability Maturity [Table Text Block]	June 30, 2024 Years Ending Operating Leases Finance Leases 2024 $ 18.3 $ 15.6 2025 35.0 19.8 2026 33.5 9.4 2027 33.2 7.9 2028 32.0 4.2 2029 and thereafter 104.0 — Total lease payments 256.0 56.9 Less: amount representing interest (35.7 ) (5.8 ) Present value of total lease payments $ 220.3 $ 51.1

Note 7 - Dispositions and Dis_2

Note 7 - Dispositions and Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	For the Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Revenues $ — $ — $ - $ 46.8 Operating expenses: Cost of revenues (exclusive of items shown separately below) — (0.1 ) — 18.2 Selling, general and administrative — 0.1 — 33.1 Depreciation and amortization of fixed assets — — — — Amortization of intangible assets — — — — Other operating loss, net — 6.9 — 135.3 Total operating expenses — 6.9 — 186.6 Operating loss — (6.9 ) — (139.8 ) Other income (expense): Investment loss and others, net — (1.5 ) — (5.5 ) Loss from discontinued operations before income taxes — (8.4 ) — (145.3 ) Income tax benefit (expense) — 0.9 — (0.2 ) Loss from discontinued operations, net of income taxes $ — $ (7.5 ) $ — $ (145.5 ) For the Three Months Ended June 30, For the Six Months Ended June 30, 2024 2023 2024 2023 Significant non-cash operating activities: Depreciation and amortization of fixed assets $ — $ — $ — $ — Amortization of intangible assets — — — — Operating lease right-of-use assets, net — — — 0.1 Investing activities: Capital expenditures — — — (6.5 ) Supplemental disclosures: Fixed assets included in accounts payable and accrued liabilities — — — —

Note 8 - Goodwill and Intangi_2

Note 8 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	Insurance Goodwill at December 31, 2023 $ 1,760.8 Acquisitions(1) 10.6 Purchase accounting reclassifications 0.3 Foreign currency translation adjustment (13.2 ) Goodwill at June 30, 2024 $ 1,758.5
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Weighted Average Useful Life (in years) Cost Accumulated Amortization Net June 30, 2024 Technology-based 8 $ 368.9 $ (274.8 ) $ 94.1 Marketing-related 6 42.6 (39.4 ) 3.2 Contract-based 6 5.0 (5.0 ) — Customer-related 13 539.7 (210.2 ) 329.5 Database-based 8 15.2 (8.9 ) 6.3 Total intangible assets $ 971.4 $ (538.3 ) $ 433.1 December 31, 2023 Technology-based 8 $ 370.2 $ (261.2 ) $ 109.0 Marketing-related 6 42.7 (38.7 ) 4.0 Contract-based 6 5.0 (5.0 ) — Customer-related 13 542.1 (190.7 ) 351.4 Database-based 8 15.2 (7.9 ) 7.3 Total intangible assets $ 975.2 $ (503.5 ) $ 471.7
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Years Ending Amount 2024 $ 35.2 2025 62.8 2026 60.8 2027 52.6 2028 45.6 2029 and thereafter 176.1 Total $ 433.1

Note 10 - Debt (Tables)

Note 10 - Debt (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Debt [Table Text Block]	Issuance Date Maturity Date 2024 2023 Short-term debt and current portion of long-term debt: Credit Facilities: Syndicated revolving credit facility Various Various $ — $ — Senior notes: 4.000 0.7 5/15/2015 6/15/2025 499.3 — Finance lease liabilities (1) Various Various 17.5 14.5 Short-term debt and current portion of long-term debt 516.8 14.5 Long-term debt: Senior notes: 4.000 1.8 5/15/2015 6/15/2025 — 898.2 4.125 7.0 7.8 3/6/2019 3/15/2029 607.0 607.8 5.500 3.7 3.8 5/15/2015 6/15/2045 346.3 346.2 3.625 9.4 9.6 5/13/2020 5/15/2050 490.6 490.4 5.750 8.4 8.9 3/3/2023 4/1/2033 491.6 491.1 5.250 15.3 6/5/2024 6/5/2034 584.7 — Finance lease liabilities (1) Various Various 33.6 20.0 Syndicated revolving credit facility debt issuance costs Various Various (1.4 ) (1.5 ) Long-term debt 2,552.4 2,852.2 Total debt $ 3,069.2 $ 2,866.7

Note 11 - Stockholders' Equity

Note 11 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Numerator used in basic and diluted EPS: Income from continuing operations $ 307.8 $ 204.3 $ 527.2 $ 398.7 Less: Net income attributable to noncontrolling interests 0.3 0.1 0.5 — Loss from discontinued operations, net of tax — (7.5 ) — (145.5 ) Net income attributable to Verisk $ 308.1 $ 196.9 $ 527.7 $ 253.2 Denominator: Weighted average number of common shares used in basic EPS 142,705,508 144,834,494 143,001,836 148,433,375 Effect of dilutive shares: Potential common shares issuable from stock options and stock awards 587,714 665,627 631,542 671,345 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 143,293,222 145,500,121 143,633,378 149,104,720
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	2024 2023 Foreign currency translation adjustment $ 114.1 $ 130.7 Pension and postretirement adjustment, net of tax (70.8 ) (72.5 ) Accumulated other comprehensive income $ 43.3 $ 58.2
Comprehensive Income (Loss) [Table Text Block]	Before Tax Tax (Expense) Benefit After Tax For the Three Months Ended June 30, 2024 Foreign currency translation adjustment attributable to Verisk $ (1.2 ) $ — $ (1.2 ) Foreign currency translation adjustment attributable to noncontrolling interests (0.2 ) — (0.2 ) Foreign currency translation adjustment (1.4 ) — (1.4 ) Pension and postretirement adjustment before reclassifications 2.3 (0.5 ) 1.8 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.2 ) 0.3 (0.9 ) Pension and postretirement adjustment 1.1 (0.2 ) 0.9 Total other comprehensive loss $ (0.3 ) $ (0.2 ) $ (0.5 ) For the Three Months Ended June 30, 2023 Foreign currency translation adjustment attributable to Verisk $ 15.4 $ — $ 15.4 Foreign currency translation adjustment attributable to noncontrolling interests 0.6 — 0.6 Foreign currency translation adjustment 16.0 — 16.0 Pension and postretirement adjustment before reclassifications 2.4 (1.3 ) 1.1 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.3 ) 1.1 (0.2 ) Pension and postretirement adjustment 1.1 (0.2 ) 0.9 Total other comprehensive income $ 17.1 $ (0.2 ) $ 16.9 Before Tax Tax (Expense) Benefit After Tax For the Six Months Ended June 30, 2024 Foreign currency translation adjustment attributable to Verisk $ (16.6 ) $ — $ (16.6 ) Foreign currency translation adjustment attributable to noncontrolling interests 0.9 — 0.9 Foreign currency translation adjustment (15.7 ) — (15.7 ) Pension and postretirement adjustment before reclassifications 4.4 (1.0 ) 3.4 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (2.2 ) 0.5 (1.7 ) Pension and postretirement adjustment 2.2 (0.5 ) 1.7 Total other comprehensive loss $ (13.5 ) $ (0.5 ) $ (14.0 ) For the Six Months Ended June 30, 2023 Foreign currency translation adjustment attributable to Verisk $ 74.7 $ — $ 74.7 Foreign currency translation adjustment attributable to noncontrolling interests (0.1 ) — (0.1 ) Cumulative translation adjustment recognized upon deconsolidation of the Energy business 700.6 — 700.6 Foreign currency translation adjustment 775.2 — 775.2 Pension and postretirement adjustment before reclassifications 4.9 (1.2 ) 3.7 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (2.8 ) 0.7 (2.1 ) Pension and postretirement adjustment 2.1 (0.5 ) 1.6 Total other comprehensive gain $ 777.3 $ (0.5 ) $ 776.8

Note 12 - Equity Compensation_2

Note 12 - Equity Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Stock Option Restricted Stock PSU Number of Shares 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 Outstanding at December 31, 2023 2,712,510 $ 143.91 $ 257.6 291,039 $ 186.28 181,236 $ 199.62 Granted 200,476 $ 236.76 149,334 $ 236.74 47,838 $ 265.94 Dividend reinvestment — $ — — $ — 564 N/A Exercised or lapsed (573,246 ) $ 109.84 $ 76.8 (99,187 ) $ 186.75 (47,821 ) $ 210.07 Canceled, expired or forfeited (17,129 ) $ 201.70 (8,932 ) $ 87.24 (1,870 ) $ 210.07 Outstanding at June 30, 2024 2,322,611 $ 159.85 $ 254.8 332,254 $ 208.63 179,947 $ 205.10 Exercisable at June 30, 2024 1,682,174 $ 143.30 $ 212.4 Exercisable at December 31, 2023 1,947,253 $ 127.43 $ 217.0 Nonvested at June 30, 2024 640,437 332,254 179,947 Expected to vest at June 30, 2024 525,913 287,727 259,381 (1)
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2024 2023 Option pricing model Black-Scholes Black-Scholes Weighted average grant price $ 236.76 $ 183.97 Expected volatility 23.53 % 27.36 % Risk-free interest rate 3.89 % 3.74 % Expected term in years 3.7 4.0 Dividend yield 0.66 % 0.66 % Weighted average grant date fair value per stock option $ 53.40 $ 47.70

Note 13 - Pension and Postret_2

Note 13 - Pension and Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Pension Plan and SERP Postretirement Plan For the Three Months Ended June 30, 2024 2023 2024 2023 Interest cost $ 3.5 $ 4.4 $ 0.1 $ — Expected return on plan assets (6.2 ) (6.0 ) (0.1 ) — Amortization of prior service cost 0.2 0.1 — — Amortization of net actuarial loss 0.8 1.2 0.2 — Net periodic (benefit) cost $ (1.7 ) $ (0.3 ) $ 0.2 $ — Employer contributions, net $ 0.2 $ 0.3 $ 0.3 $ 0.2 Pension Plan and SERP Postretirement Plan For the Six Months Ended June 30, 2024 2023 2024 2023 Interest cost $ 7.6 $ 8.7 $ 0.1 $ — Expected return on plan assets (12.6 ) (12.2 ) (0.1 ) — Amortization of prior service cost 0.2 0.1 — — Amortization of net actuarial loss 1.7 2.7 0.3 — Net periodic (benefit) cost $ (3.1 ) $ (0.7 ) $ 0.3 $ — Employer contributions, net $ 0.4 $ 1.3 $ 0.5 $ 0.8

Note 14 - Segment Reporting (Ta

Note 14 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	For the Three Months Ended June 30, 2024 June 30, 2023 Insurance Total Insurance Energy and Specialized Markets Total Revenues $ 716.8 $ 716.8 675.0 — $ 675.0 Expenses: Cost of revenues (exclusive of items shown separately below) (219.4 ) (219.4 ) (216.9 ) — (216.9 ) Selling, general and administrative (101.5 ) (101.5 ) (86.8 ) — (86.8 ) Net gain on the early extinguishment of debt 3.6 3.6 — — — Investment gain (loss) 99.8 99.8 (6.2 ) — (6.2 ) EBITDA from discontinued operations of the Energy business — — — (8.4 ) (8.4 ) EBITDA $ 499.3 $ 499.3 $ 365.1 $ (8.4 ) $ 356.7 EBITDA from discontinued operations of the Energy business — 8.4 Depreciation and amortization of fixed assets (59.0 ) (46.5 ) Amortization of intangible assets (18.2 ) (18.8 ) Interest expense (29.1 ) (31.6 ) Income before income taxes $ 393.0 $ 268.2 For the Six Months Ended June 30, 2024 June 30, 2023 Insurance Total Insurance Energy and Specialized Markets Total Revenues $ 1,420.8 $ 1,420.8 $ 1,326.6 $ — $ 1,326.6 Expenses: Cost of revenues (exclusive of items shown separately below) (447.2 ) (447.2 ) (433.1 ) — (433.1 ) Selling, general and administrative (194.4 ) (194.4 ) (165.8 ) — (165.8 ) Net gain on the early extinguishment of debt 3.6 3.6 — — — Investment gain (loss) 96.5 96.5 (7.3 ) — (7.3 ) EBITDA from discontinued operations of the Energy business — — — (145.3 ) (145.3 ) EBITDA $ 879.3 $ 879.3 $ 720.4 $ (145.3 ) 575.1 EBITDA from discontinued operations of the Energy business — 145.3 Depreciation and amortization of fixed assets (116.4 ) (91.1 ) Amortization of intangible assets (36.7 ) (36.5 ) Interest expense (58.0 ) (58.0 ) Income before income taxes $ 668.2 $ 534.8
Long-Lived Assets by Geographic Areas [Table Text Block]	June 30, 2024 December 31, 2023 Long-lived assets: U.S. $ 2,362.5 $ 2,455.7 U.K. 600.6 597.9 Other countries 497.6 502.4 Total long-lived assets $ 3,460.7 $ 3,556.0

Note 3 - Revenues (Details Text

Note 3 - Revenues (Details Textual) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Contract with Customer, Asset, after Allowance for Credit Loss, Total	$ 0	$ 0
Revenue, Remaining Performance Obligation, Amount	$ 576,300	$ 375,100
Revenue Remaining Performance Obligation, Current Percentage	99%	99%
Contract with Customer, Liability, Noncurrent	$ 76,200	$ 76,400

Note 3 - Revenues - Disaggregat

Note 3 - Revenues - Disaggregated Revenues (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 716.8	$ 675	$ 1,420.8	$ 1,326.6
UNITED STATES
Revenues	593.6	563.4	1,174.7	1,115.2
UNITED KINGDOM
Revenues	51	45	102.9	91.9
Other Countries [Member]
Revenues	72.2	66.6	143.2	119.5
Insurance [Member]
Revenues	716.8	675	1,420.8	1,326.6
Insurance [Member] | Underwriting [Member]
Revenues	507.5	478.1	1,005.9	938.6
Insurance [Member] | Claims [Member]
Revenues	$ 209.3	$ 196.9	$ 414.9	$ 388

Note 3 - Revenues - Summary of

Note 3 - Revenues - Summary of Change in Contract Liabilities (Details) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Contract Liabilities	$ 375.1
Additions to contract liabilities	1,621.7
Revenue	(1,420.8)
Foreign currency translation adjustment, contract with customer	0.3
Contract Liabilities	$ 576.3

Note 4 - Investments and Fair_3

Note 4 - Investments and Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Equity Securities without Readily Determinable Fair Value, Amount	$ 196,100	$ 196,100	$ 200,900
Equity Method Investments	25,500	25,500	30,500
Provision for Credit Loss on Investments	0	0
Stock of Non-Public Company [Member]
Proceeds from Sale of Equity Method Investments	112,100
Gain (Loss) on Sale of Investments	98,300
Registered Investment Companies [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investments, Fair Value Disclosure	$ 1,200	$ 1,200	$ 1,200

Note 4 - Investments and Fair_4

Note 4 - Investments and Fair Value Measurements - Long-term Debt (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Reported Value Measurement [Member]
Senior notes (Note 10)	$ 3,019.5	$ 2,833.7
Estimate of Fair Value Measurement [Member]
Senior notes (Note 10)	$ 2,870.4	$ 2,735.3

Note 5 - Leases (Details Textua

Note 5 - Leases (Details Textual) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$ 53.7	$ 41.2
Finance Lease, Liability	$ 51.1	$ 34.5

Note 5 - Leases - Lease Cost an

Note 5 - Leases - Lease Cost and Other Information (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Operating lease cost	[1]	$ 8.2	$ 8.4	$ 16.7	$ 17.4
Sublease income		(1.1)	(0.3)	(2.1)	(0.7)
Depreciation of finance lease assets	[2]	4.9	3.1	9.3	6.8
Interest on finance lease liabilities	[3]	0.7	0.2	1.2	0.3
Total lease cost		12.7	11.4	25.1	23.8
Operating cash outflows from operating leases		(7.7)	(8.7)	(16.6)	(17.7)
Operating cash outflows from finance leases		(0.7)	(0.2)	(1.2)	(0.3)
Financing cash outflows from finance leases		$ (3.1)	$ (1.2)	$ (5.9)	$ (2.8)
[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)	Jun. 30, 2024	Jun. 30, 2023
Weighted-average remaining lease term - operating leases (in years) (Year)	7 years 8 months 12 days	8 years 8 months 12 days
Weighted-average remaining lease term - finance leases (in years) (Year)	3 years 2 months 12 days	4 years 4 months 24 days
Weighted-average discount rate - operating leases	3.90%	3.90%
Weighted-average discount rate - finance leases	4.20%	3.50%

Note 5 - Leases - Maturities of

Note 5 - Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
2024, operating leases	$ 18.3
2024, financing leases	15.6
2025, operating leases	35
2025, financing leases	19.8
2026, operating leases	33.5
2026, financing leases	9.4
2027, operating leases	33.2
2027, financing leases	7.9
2028, operating leases	32
2028, financing leases	4.2
2029 and thereafter, operating leases	104
2029 and thereafter, finance lease	0
Total lease payments, operating leases	256
Total lease payments, finance leases	56.9
Less: Amount representing interest, operating leases	(35.7)
Less: Amount representing interest, finance leases	(5.8)
Present value of total lease payments, operating leases	220.3
Present value of total lease payments, finance leases	$ 51.1	$ 34.5

Note 6 - Acquisitions (Details

Note 6 - Acquisitions (Details Textual) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
	Jan. 08, 2024	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Business Combination, Acquisition Related Costs		$ 0	$ 100
Current Portion of Escrow		3,800	3,800	$ 3,900
Business Combination, Contingent Consideration, Liability, Current		0	0	10,000
Business Combination, Contingent Consideration, Liability, Noncurrent		$ 2,100	$ 2,100	$ 2,100
Rocket Enterprise Solutions GmbH [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100%
Business Combination, Consideration Transferred	$ 10,100
Rocket Enterprise Solutions GmbH [Member] | Deferred Payments [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	2,200
Rocket Enterprise Solutions GmbH [Member] | Holdback Payments [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 300

Note 7 - Dispositions and Dis_3

Note 7 - Dispositions and Discontinued Operations (Details Textual) - USD ($) $ in Thousands		6 Months Ended		12 Months Ended
	Feb. 01, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Impairment of Long-Lived Assets to be Disposed of		$ 0	$ 0
Discontinued Operations, Held-for-Sale [Member] | Energy Business [Member]
Disposal Group, Including Discontinued Operation, Consideration	$ 3,066,400
Disposal Group, Including Discontinued Operation, Contingent Cash Consideration	200,000
Impairment of Long-Lived Assets to be Disposed of	303,700
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	$ (128,400)
Discontinued Operation, Amount of Adjustment to Prior Period Gain (Loss) on Disposal, before Income Tax				$ (2,700)

Note 7 - Dispositions and Dis_4

Note 7 - Dispositions and Discontinued Operations - Divestitures and Business Held for Sale (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Operating loss	$ 0	$ (6.9)	$ 0	$ (139.8)
Investment loss and others, net	0	(1.5)	0	(5.5)
Loss from discontinued operations before income taxes	0	(8.4)	0	(145.3)
Income tax benefit (expense)	0	0.9	0	(0.2)
Loss from discontinued operations, net of income taxes	0	(7.5)	0	(145.5)
Energy Business [Member] | Discontinued Operations, Held-for-Sale [Member]
Revenues	0	0	0	46.8
Cost of revenues (exclusive of items shown separately below)	0	(0.1)	0	18.2
Selling, general and administrative	0	0.1	0	33.1
Depreciation and amortization of fixed assets	0	0	0	0
Amortization of intangible assets	0	0	0	0
Other operating loss, net	0	6.9	0	135.3
Total operating expenses	0	6.9	0	186.6
Depreciation and amortization of fixed assets	0	0	0	0
Amortization of intangible assets	0	0	0	0
Operating lease right-of-use assets, net	0	0	0	0.1
Capital expenditures	0	0	0	(6.5)
Fixed assets included in accounts payable and accrued liabilities	$ 0	$ 0	$ 0	$ 0

Note 8 - Goodwill and Intangi_3

Note 8 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Impairment of Long-Lived Assets to be Disposed of			$ 0	$ 0
Amortization of Intangible Assets	$ 18,200	$ 18,800	$ 36,700	$ 36,500

Note 8 - Goodwill and Intangi_4

Note 8 - Goodwill and Intangible Assets - Summary of Changes in Goodwill (Details) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill	$ 1,760.8
Goodwill	1,758.5
Insurance [Member]
Goodwill	1,760.8
Acquisitions(1)	10.6	[1]
Purchase accounting reclassifications	0.3
Foreign currency translation adjustment	(13.2)
Goodwill	$ 1,758.5
[1]See Note 6. Acquisitions for more information.

Note 8 - Goodwill and Intangi_5

Note 8 - Goodwill and Intangible Assets - Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Millions	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Cost		$ 971.4	$ 975.2
Accumulated amortization		(538.3)	(503.5)
Net	$ 433.1	$ 433.1	$ 471.7
Technology-Based Intangible Assets [Member]
Weighted average useful life (Year)	8 years		8 years
Cost	$ 368.9		$ 370.2
Accumulated amortization	(274.8)		(261.2)
Net	$ 94.1		$ 109
Marketing-Related Intangible Assets [Member]
Weighted average useful life (Year)	6 years		6 years
Cost	$ 42.6		$ 42.7
Accumulated amortization	(39.4)		(38.7)
Net	$ 3.2		$ 4
Contract-Based Intangible Assets [Member]
Weighted average useful life (Year)	6 years		6 years
Cost	$ 5		$ 5
Accumulated amortization	(5)		(5)
Net	$ 0		$ 0
Customer-Related Intangible Assets [Member]
Weighted average useful life (Year)	13 years		13 years
Cost	$ 539.7		$ 542.1
Accumulated amortization	(210.2)		(190.7)
Net	$ 329.5		$ 351.4
Database [Member]
Weighted average useful life (Year)	8 years		8 years
Cost	$ 15.2		$ 15.2
Accumulated amortization	(8.9)		(7.9)
Net	$ 6.3		$ 7.3

Note 8 - Goodwill and Intangi_6

Note 8 - Goodwill and Intangible Assets - Estimated Amortization Expense (Details) - USD ($) $ in Millions	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
2024	$ 35.2
2025	62.8
2026	60.8
2027	52.6
2028	45.6
2029 and thereafter	176.1
Total	$ 433.1	$ 433.1	$ 471.7

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Effective Income Tax Rate Reconciliation, Percent	21.70%	23.80%	21.10%	25.40%

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) - USD ($)		3 Months Ended		6 Months Ended
	Jun. 07, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 05, 2024	Dec. 31, 2023
Gain (Loss) on Extinguishment of Debt		$ 3,600,000	$ 0	$ 3,600,000	$ 0
Payment for Debt Extinguishment or Debt Prepayment Cost		396,400,000	$ 0	396,400,000	$ 0
Letters of Credit Outstanding, Amount		4,500,000		4,500,000			$ 4,600,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity		1,000,000,000		1,000,000,000
Line of Credit Facility, Remaining Borrowing Capacity		$ 995,500,000		$ 995,500,000			$ 995,400,000
The 2034 Senior Notes [Member]
Debt Instrument, Face Amount						$ 600,000,000
Debt Instrument, Interest Rate, Stated Percentage		5.25%		5.25%		5.25%
Debt Instrument, Unamortized Discount		$ 15,300,000		$ 15,300,000		$ 9,800,000
Debt Issuance Costs, Net						$ 5,600,000
The 4.000% Senior Note [Member]
Long-Term Debt, Gross	$ 500,000,000
Debt Instrument, Interest Rate, Stated Percentage	4%	4%		4%			4%
Debt Instrument, Unamortized Discount	$ 5,200,000						$ 1,800,000
Debt Instrument, Repurchase Amount	$ 400,000,000
Debt Instrument, Redemption Price, Percentage	44.40%
Debt Instrument, Repurchased Price Per One Thousand Face Amount	$ 987.09
Gain (Loss) on Extinguishment of Debt	3,600,000
Payment for Debt Extinguishment or Debt Prepayment Cost	$ 1,600,000
Senior Notes [Member]
Long-Term Debt, Gross		$ 3,050,000,000		$ 3,050,000,000			$ 2,850,000,000

Note 10 - Debt - Short-term and

Note 10 - Debt - Short-term and Long-term Debt (Details) - USD ($) $ in Millions		Jun. 30, 2024	Dec. 31, 2023
Finance lease liabilities, current	[1]	$ 17.5	$ 14.5
Long-term debt, current		516.8	14.5
Finance lease liabilities, noncurrent	[1]	33.6	20
Syndicated revolving credit facility debt issuance costs		(1.4)	(1.5)
Long-term debt		2,552.4	2,852.2
Total debt		3,069.2	2,866.7
The 4.000% Senior Note [Member]
4.000% senior notes, less unamortized discount and debt issuance costs of $(0.7)		499.3	0
Long-term debt		0	898.2
The 4.125% Senior Note [Member]
Long-term debt		607	607.8
The 5.500% Senior Note [Member]
Long-term debt		346.3	346.2
The 3.625% Senior Note [Member]
Long-term debt		490.6	490.4
The 5.750% Senior Notes [Member]
Long-term debt		491.6	491.1
The 2034 Senior Notes [Member]
Long-term debt		584.7	0
Line of Credit [Member]
Syndicated revolving credit facility		$ 0	$ 0
[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	Jun. 30, 2024	Jun. 07, 2024	Jun. 05, 2024	Dec. 31, 2023
The 4.000% Senior Note [Member]
Unamortized discount, current	$ 0.7
Interest rate	4%	4%		4%
Unamortized discount		$ 5.2		$ 1.8
The 4.125% Senior Note [Member]
Interest rate	4.125%			4.125%
Unamortized discount	$ 7			$ 7.8
The 5.500% Senior Note [Member]
Interest rate	5.50%			5.50%
Unamortized discount	$ 3.7			$ 3.8
The 3.625% Senior Note [Member]
Interest rate	3.625%			3.625%
Unamortized discount	$ 9.4			$ 9.6
The 5.750% Senior Notes [Member]
Interest rate	5.75%			5.75%
Unamortized discount	$ 8.4			$ 8.9
The 2034 Senior Notes [Member]
Interest rate	5.25%		5.25%
Unamortized discount	$ 15.3		$ 9.8

Note 11 - Stockholders' Equit_2

Note 11 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions				1 Months Ended			3 Months Ended			6 Months Ended
	Jun. 13, 2024	Mar. 13, 2024	Dec. 14, 2023	Jul. 31, 2024	Apr. 30, 2024	Feb. 29, 2024	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Common Stock, Shares Authorized (in shares)							2,000,000,000			2,000,000,000		2,000,000,000
Share Price (in dollars per share)							$ 269.55			$ 269.55		$ 238.86
Preferred Stock, Shares Authorized (in shares)							80,000,000			80,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)							$ 0.001			$ 0.001
Preferred Stock, Shares Issued (in shares)							0			0		0
Common Stock, Dividends, Per Share, Declared (in dollars per share)							$ 0.39	$ 0.39
Payments of Dividends							$ 55.5		$ 49.5	$ 111.3	$ 98.7
Treasury Stock, Shares, Acquired (in shares)										1,524,320	10,902,788
Treasury Stock, Common, Shares (in shares)							401,542,424			401,542,424		400,694,309
Common Stock Reissued (in shares)										676,205
Shares Issued, Price Per Share (in dollars per share)							$ 22.86			$ 22.86
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)							253,641		661,150	254,251	1,030,278
Accelerated Share Repurchase ("ASR") Agreement [Member]
Share Repurchase Program, Authorized, Amount								$ 200				$ 250
Treasury Stock, Shares, Acquired (in shares)		714,046	873,479			178,227
Accelerated Share Repurchase ("ASR") Agreement With JPMorgan Chase Bank [Member]
Treasury Stock, Shares, Acquired (in shares)					148,286
Shares Acquired, Average Cost Per Share (in dollars per share)					$ 231.93	$ 237.71
Sales and Excise Tax Payable							$ 27.2			$ 27.2
The June 2024 ASR Agreement [Member]
Share Repurchase Program, Authorized, Amount							$ 150			$ 150
Treasury Stock, Shares, Acquired (in shares)	483,761
The June 2024 ASR Agreement [Member] | Subsequent Event [Member]
Treasury Stock, Shares, Acquired (in shares)				68,645
Shares Acquired, Average Cost Per Share (in dollars per share)				$ 271.54

Note 11 - Stockholders' Equit_3

Note 11 - Stockholders' Equity - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income from continuing operations	$ 307.8	$ 204.3	$ 527.2	$ 398.7
Less: Net income attributable to noncontrolling interests	0.3	0.1	0.5	0
Loss from discontinued operations, net of tax	0	(7.5)	0	(145.5)
Net income attributable to Verisk	$ 308.1	$ 196.9	$ 527.7	$ 253.2
Weighted average number of common shares used in basic EPS (in shares)	142,705,508	144,834,494	143,001,836	148,433,375
Potential common shares issuable from stock options and stock awards (in shares)	587,714	665,627	631,542	671,345
Weighted average number of common shares and dilutive potential common shares used in diluted EPS (in shares)	143,293,222	145,500,121	143,633,378	149,104,720

Note 11 - Stockholders' Equit_4

Note 11 - Stockholders' Equity - Summary of Accumulated Other Comprehensive Losses (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Foreign currency translation adjustment	$ 114.1	$ 130.7
Pension and postretirement adjustment, net of tax	(70.8)	(72.5)
Accumulated other comprehensive income	$ 43.3	$ 58.2

Note 11 - Stockholders' Equit_5

Note 11 - Stockholders' Equity - Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023	Jun. 30, 2024		Jun. 30, 2023
Foreign currency translation adjustment attributable to Verisk, before tax	$ (1.2)		$ 15.4	$ (16.6)		$ 74.7
Foreign currency translation adjustment attributable to Verisk, tax	0		0	0		0
Foreign currency translation adjustment attributable to Verisk, after tax	(1.2)		15.4	(16.6)		74.7
Foreign currency translation adjustment attributable to noncontrolling interests, before tax	(0.2)		0.6	0.9		(0.1)
Foreign currency translation adjustment attributable to noncontrolling interests, tax	0		0	0		0
Foreign currency translation adjustment attributable to noncontrolling interests, after tax	(0.2)		0.6	0.9		(0.1)
Foreign currency translation adjustment, before tax	(1.4)		16	(15.7)		775.2
Foreign currency translation adjustment, tax	0		0	0		0
Foreign currency translation adjustment, after tax	(1.4)		16	(15.7)		775.2
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1)	(1.2)	[1]	(1.3)	(2.2)	[1]	(2.8)
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1)	0.3		1.1	0.5		0.7
Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1)	(0.9)		(0.2)	(1.7)		(2.1)
Total other comprehensive income, before tax	(0.3)		17.1	(13.5)		777.3
Total other comprehensive income, tax	(0.2)		(0.2)	(0.5)		(0.5)
Total other comprehensive loss, after tax	(0.5)		16.9	(14)		776.8
Cumulative translation adjustment recognized upon deconsolidation of the Energy business, before tax						700.6
Cumulative translation adjustment recognized upon deconsolidation of the Energy business, tax						0
Cumulative translation adjustment recognized upon deconsolidation of the Energy business, after tax						700.6
Pension and Postretirement Adjustment [Member]
Other comprehensive income (loss), before reclassifications, before tax	2.3		2.4	4.4		4.9
Other comprehensive income (loss), before reclassifications, tax	(0.5)		(1.3)	(1)		(1.2)
Other comprehensive income (loss), before reclassifications, after tax	1.8		1.1	3.4		3.7
Other comprehensive income (loss), before tax	1.1		1.1	2.2		2.1
Other comprehensive income (loss), tax	(0.2)		(0.2)	(0.5)		(0.5)
Other comprehensive income (loss), after tax	$ 0.9		$ 0.9	$ 1.7		$ 1.6
[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) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended			6 Months Ended
	Jan. 31, 2024	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Proceeds from Stock Options Exercised		$ 35		$ 56.5	$ 63.2	$ 114.9
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)					200,476
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)			5 years 1 month 6 days
Unrecognized Compensation Cost Related to Nonvested Share Based Compensation Arrangements		$ 102.9			$ 102.9
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					2 years 6 months
Minimum [Member]
Performance Share Units, Percnetage of Target Levels	0%
Maximum [Member]
Performance Share Units, Percnetage of Target Levels	200%
Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)					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%
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)					47,838
Performance Shares [Member] | Key Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	47,838
Performance Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Target Levels					0%
Performance Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Target Levels					200%
Nonqualified Stock Option [Member] | Key Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	199,776
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)					149,334
Restricted Stock [Member] | Key Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	129,789
TSR Based PSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	29,929
ROIC Based PSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	17,909
Employee Stock Purchase Plan [Member] | UK Sharesave Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)		442,201			442,201
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)					3 years
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Purchase Date					5%
Employee Stock Purchase Plan [Member] | US ESPP [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)		1,168,330			1,168,330
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)					8,928	10,356
Value of Common Stock Issued to Employees Per Share (in dollars per share)		$ 238.01		$ 196.96	$ 238.01	$ 196.96
The 2021 Incentive Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)		12,792,016			12,792,016

Note 12 - Compensation Plans -

Note 12 - Compensation Plans - Summary of Stock Activity (Details) - USD ($) $ / shares in Units, $ in Millions		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Outstanding beginning balance, options (in shares)		2,712,510
Outstanding beginning balance, options, weighted average exercise price (in dollars per share)		$ 143.91
Outstanding, options, aggregate intrinsic value		$ 254.8		$ 257.6
Granted, options (in shares)		200,476
Weighted average grant price (in dollars per share)		$ 236.76	$ 183.97
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)		(573,246)
Exercised or lapsed, options, weighted average exercise price (in dollars per share)		$ 109.84
Exercised or lapsed, options, aggregate intrinsic value		$ 76.8
Canceled, expired or forfeited, option (in shares)		(17,129)
Canceled, expired or forfeited, options, weighted average exercise price (in dollars per share)		$ 201.7
Outstanding, option (in shares)		2,322,611
Outstanding beginning balance, options, weighted average exercise price (in dollars per share)		$ 159.85
Exercisable, options (in shares)		1,682,174		1,947,253
Exercisable, options, weighted average exercise price (in dollars per share)		$ 143.3		$ 127.43
Exercisable, options, aggregate intrinsic value		$ 212.4		$ 217
Nonvested, options (in shares)		640,437
Expected to vest, options (in shares)		525,913
Restricted Stock [Member]
Outstanding beginning balance, number of shares (in shares)		291,039
Outstanding beginning balance, weighted average exercise price (in dollars per share)		$ 186.28
Granted, number of shares (in shares)		149,334
Granted, weighted average exercise price (in dollars per share)		$ 236.74
Dividend reinvestment, number of shares (in shares)		0
Dividend reinvestment (in dollars per share)		$ 0
Exercised or lapsed, number of shares (in shares)		(99,187)
Exercised or lapsed, weighted average exercise price (in dollars per share)		$ 186.75
Canceled, expired or forfeited, number of shares (in shares)		(8,932)
Canceled, expired or forfeited, weighted average exercise price (in dollars per share)		$ 87.24
Outstanding ending balance, number of shares (in shares)		332,254
Outstanding ending balance, weighted average exercise price (in dollars per share)		$ 208.63
Nonvested, number of shares (in shares)		332,254		291,039
Expected, number of shares (in shares)		287,727
Performance Shares [Member]
Outstanding beginning balance, number of shares (in shares)		181,236
Outstanding beginning balance, weighted average exercise price (in dollars per share)		$ 199.62
Granted, number of shares (in shares)		47,838
Granted, weighted average exercise price (in dollars per share)		$ 265.94
Dividend reinvestment, number of shares (in shares)		564
Exercised or lapsed, number of shares (in shares)		(47,821)
Canceled, expired or forfeited, number of shares (in shares)		(1,870)
Canceled, expired or forfeited, weighted average exercise price (in dollars per share)		$ 210.07
Outstanding ending balance, number of shares (in shares)		179,947
Outstanding ending balance, weighted average exercise price (in dollars per share)		$ 205.1
Nonvested, number of shares (in shares)		179,947		181,236
Expected, number of shares (in shares)	[1]	259,381
[1]Includes estimated performance achievement

Note 12 - Compensation Plans _2

Note 12 - Compensation Plans - Stock Options Granted Weighted Average Assumptions (Details) - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Weighted average grant price (in dollars per share)	$ 236.76	$ 183.97
Expected volatility	23.53%	27.36%
Risk-free interest rate	3.89%	3.74%
Expected term in years (Year)	3 years 8 months 12 days	4 years
Dividend yield	0.66%	0.66%
Weighted average grant date fair value per stock option (in dollars per share)	$ 53.4	$ 47.7

Note 13 - Pension and Postret_3

Note 13 - Pension and Postretirement Benefits (Details Textual)	Jun. 30, 2024	Dec. 31, 2023
Equity Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	40%	40%
Debt Securities [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	60%	60%

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		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pension Plan and SERP Plan [Member]
Interest cost	$ 3.5	$ 4.4	$ 7.6	$ 8.7
Expected return on plan assets	(6.2)	(6)	(12.6)	(12.2)
Amortization of prior service cost	0.2	0.1	0.2	0.1
Amortization of net actuarial loss	0.8	1.2	1.7	2.7
Net periodic (benefit) cost	(1.7)	(0.3)	(3.1)	(0.7)
Employer contributions, net	0.2	0.3	0.4	1.3
Other Postretirement Benefits Plan [Member]
Interest cost	0.1	0	0.1	0
Expected return on plan assets	(0.1)	0	(0.1)	0
Amortization of prior service cost	0	0	0	0
Amortization of net actuarial loss	0.2	0	0.3	0
Net periodic (benefit) cost	0.2	0	0.3	0
Employer contributions, net	$ 0.3	$ 0.2	$ 0.5	$ 0.8

Note 14 - Segment Reporting - R

Note 14 - Segment Reporting - Revenue and EBITDA by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 716.8	$ 675	$ 1,420.8	$ 1,326.6
Cost of revenues (exclusive of items shown separately below)	(219.4)	(216.9)	(447.2)	(433.1)
Selling, general and administrative	(101.5)	(86.8)	(194.4)	(165.8)
Net gain on early extinguishment of debt	3.6	0	3.6	0
Investment gain (loss)	99.8	(6.2)	96.5	(7.3)
EBITDA from discontinued operations of the Energy business	0	(8.4)	0	(145.3)
EBITDA	499.3	356.7	879.3	575.1
EBITDA from discontinued operations of the Energy business	0	8.4	0	145.3
Depreciation and amortization of fixed assets	(59)	(46.5)	(116.4)	(91.1)
Amortization of intangible assets	(18.2)	(18.8)	(36.7)	(36.5)
Interest expense	(29.1)	(31.6)	(58)	(58)
Income before income taxes	393	268.2	668.2	534.8
Insurance [Member]
Revenues	716.8	675	1,420.8	1,326.6
Cost of revenues (exclusive of items shown separately below)	(219.4)	(216.9)	(447.2)	(433.1)
Selling, general and administrative	(101.5)	(86.8)	(194.4)	(165.8)
Net gain on early extinguishment of debt	3.6	0	3.6	0
Investment gain (loss)	99.8	(6.2)	96.5	(7.3)
EBITDA from discontinued operations of the Energy business	0	0	0	0
EBITDA	499.3	365.1	879.3	720.4
EBITDA from discontinued operations of the Energy business	$ 0	0	$ 0	0
Energy and Specialized Markets [Member]
Revenues		0		0
Cost of revenues (exclusive of items shown separately below)		0		0
Selling, general and administrative		0		0
Net gain on early extinguishment of debt		0		0
Investment gain (loss)		0		0
EBITDA from discontinued operations of the Energy business		(8.4)		(145.3)
EBITDA		(8.4)		(145.3)
EBITDA from discontinued operations of the Energy business		$ 8.4		$ 145.3

Note 14 - Segment Reporting - L

Note 14 - Segment Reporting - Long-lived Assets By Country (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Total long-lived assets	$ 3,460.7	$ 3,556
UNITED STATES
Total long-lived assets	2,362.5	2,455.7
UNITED KINGDOM
Total long-lived assets	600.6	597.9
Other Countries [Member]
Total long-lived assets	$ 497.6	$ 502.4

Note 15 - Related Parties (Deta

Note 15 - Related Parties (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Related Party Transaction, Amounts of Transaction	$ 0	$ 0

Note 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Details Textual) - USD ($)	Feb. 08, 2023	Jan. 30, 2023	Jun. 27, 2022
Atlas Data Privacy Corp., et al. v. Verisk Analytics, Inc. [Member]
Loss Contingency, Damages Per Violation	$ 1,000
Ahringer et al. v. LoanDepot, Inc. and Verisk Analytics [Member]
Loss Contingency, Aggregate Claims of Proposed Class		$ 5,000,000
Williams v. DDR Merida, LLC and Lead Intelligence, Inc. [Member]
Loss Contingency, Damages Per Violation			$ 5,000