VERISK ANALYTICS, INC. (NASDAQ:VRSK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
As previously reported in the Original Form 8-K, at the 2017 Annual Meeting in an advisory, non-binding vote on the frequency to which future say-on-pay votes will be held, 138,036,328 shares voted for the one year frequency option, 89,843 shares voted for the two year frequency option, 9,141,229 shares voted for the three year frequency option, 129,593 shares abstained and there were 5,275,356 broker non-votes. The Company has considered the outcome of this advisory vote and has determined, as was recommended with respect to this proposal by the Company’s board of directors in the proxy statement for the 2017 Annual Meeting, that the Company will hold future say-on-pay votes on an annual basis until the occurrence of the next advisory vote on the frequency of say-on-pay votes. The next advisory vote regarding the frequency of say on pay votes is required to occur no later than the Company’s 2023 Annual Meeting of Stockholders.
About VERISK ANALYTICS, INC. (NASDAQ:VRSK)
Verisk Analytics, Inc. is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others. The Company operates through two segments: Risk Assessment and Decision Analytics. The Risk Assessment segment provides statistical, actuarial and underwriting data for the United States property and casualty (P&C) insurance industry. The Decision Analytics segment provides predictive models to forecast scenarios and produce both standard and customized analytics that help its customers manage their businesses, including predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
