Verisk (Verisk Analytics, Inc., a public company on NASDAQ: VRSK) is an insurance-data and analytics firm whose consumer-facing footprint runs through FCRA-regulated loss-history and claims products such as A-PLUS, which compiles up to seven years of an individual's insurance claims and loss history from contributing insurers, supplemented with 300M+ public crash records to close gaps in that contributory database. Verisk's general website privacy notice states it does not sell or share personal information collected via Verisk.com and does not use it for targeted advertising, though this no-sell statement applies to website-visitor data rather than to the FCRA-regulated consumer-report data the company's insurance products are built to furnish to other insurers. Verisk's own SEC filings disclose that its subsidiary Intellicorp Records, Inc. was the target of a 2012 class action (later consolidated as Roe v. Intellicorp Records, Inc.) alleging FCRA violations in employment background reports; that litigation was resolved when a federal judge granted final approval in 2014 to an $18.6 million settlement covering Intellicorp and a second Verisk unit, Insurance Information Exchange (IIX).
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Verisk's A-PLUS product page states its full loss-history reports provide 'up to 7 years of data on losses and claim types,' are regulated by the FCRA, and that a companion offering, A-PLUS Auto Enhanced with Public Records, supplements the insurer-contributed claims database with more than 300 million public crash records to close a reporting gap.
SEC EDGAR confirms Verisk Analytics, Inc. (CIK 0001442145) is a Delaware-incorporated public company headquartered in Jersey City, NJ, filing regular 10-K annual reports with the SEC.
Verisk's own SEC Form 10-Q discloses that the company was served, in April 2012, with a class action complaint naming 'the Company's subsidiary Intellicorp Records, Inc.,' directly confirming Intellicorp as a Verisk subsidiary in the company's own mandatory securities filing.
Verisk's state privacy notice states that Verisk does not sell or share consumers' personal information collected via Verisk.com and does not use that data for targeted advertising or profiling purposes, as those terms are defined under applicable U.S. state privacy laws; this statement is scoped to website-collected data and does not address the separate practice of furnishing FCRA-regulated claims reports to insurer customers.
A federal judge in the Northern District of Ohio granted final approval to an $18.6 million class action settlement (Roe v. Intellicorp Records, Inc., Case No. 1:12-cv-02288) resolving claims that Verisk units Intellicorp Records and Insurance Information Exchange (IIX) violated the FCRA by furnishing inaccurate criminal background reports to employers and failing to send required consumer notices.
Verisk's A-PLUS product page states its 'proprietary algorithm ensures comprehensive claim capture' across its contributory claims database even though only a consumer's name and address are mandatory fields for a claim record — an identity-matching technique used to link partial identifying data to a consumer's insurance claim history across hundreds of contributing insurers.