other material
confidence high
sentiment negative
materiality 0.70
Verisk to pay $37M to DOJ to settle potential civil claims from former subsidiary's government contracts
Verisk Analytics, Inc.
- Former subsidiary (sold to TransUnion in April 2022) agreed to pay $37M to U.S. DOJ.
- Verisk indemnifies TransUnion for certain losses including this settlement amount.
- Settlement resolves potential civil claims related to government contracts within the former Financial Services segment.