Verisk Analytics, Inc. (VRSK) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Verisk Analytics, Inc. surfaced in its latest filing.

• Approximately 70% of our revenue was derived from solutions provided to U.S. P&C primary insurers during the year ended December 31, 2025December 31, 2025
• As of December 31, 2025, our ten largest shareholders owned 39.3% of our common stock, including 1.8% owned by our ESOPDecember 31, 2025
• Options to purchase approximately 137,941,888 shares of common stock were outstanding as of February 13, 2026February 13, 2026
• We are subject to a 1995 antitrust settlement agreement with state Attorneys General and private plaintiffs that imposes constraints on insurer involvement in our governance and business1995
• We filed a registration statement covering shares available for issuance under equity incentive plans and resale by existing stockholders
• We are subject to regulation under the Fair Credit Reporting Act
• We are subject to regulation under the Gramm-Leach-Bliley Act
• We are subject to regulation under the Driver's Privacy Protection Act
• We are subject to regulation under the European Union's General Data Protection Regulation
• We are subject to regulation under the Dodd Frank Wall Street Reform and Consumer Protection Act
• We are subject to anti-corruption laws and regulations such as the U.K. Bribery Act 2010, the U.S. Foreign Corrupt Practices Act, and regulations established by the U.S. Office of Foreign Assets Control2010
• The OECD has issued Pillar Two model rules for a global minimum tax of 15% agreed upon by over 140 countries
• We are transitioning to a new company-wide single ERP software system; the implementation has been lengthy and expensive, and may result in cost overruns, project delays, or business interruptions