XML 80 R70.htm IDEA: XBRL DOCUMENT
v3.21.1

Note 16 - Commitments and Contingencies (Details Textual) $ in Millions | Feb. 16, 2021 USD ($) | Sep. 25, 2019 USD ($) | Jan. 29, 2019 | Oct. 08, 2015 | Apr. 15, 2021 USD ($) | Dec. 10, 2020 USD ($) | Mar. 02, 2020 USD ($) | Dec. 31, 2019 USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | ---
Eagle View Technologies, Inc. and Pictometry International Group, Inc. v. Xactware Solutions, Inc. and Verisk Analytics, Inc. [Member] |  |  |  |  |  |  |  |
Loss Contingency, Patents Allegedly Infringed, Number |  |  | 5 | 7 |  |  |  |
Loss Contingency, Pending Claims, Number, Ending Balance |  | 6 |  |  |  |  |  |
Loss Contingency, Damages Sought, Value |  | $ 125.0 |  |  |  |  |  |
Loss Contingency, Bond Secured |  |  |  |  |  |  | $ 137.5 |
Loss Contingency, Damages Awarded, Value | $ 375.0 |  |  |  |  |  |  |
Loss Contingency Accrual, Ending Balance |  |  |  |  |  |  |  | $ 125.0
Eagle View Technologies, Inc. and Pictometry International Group, Inc. v. Xactware Solutions, Inc. and Verisk Analytics, Inc. [Member] | Subsequent Event [Member] |  |  |  |  |  |  |  |
Loss Contingency, Bond Secured |  |  |  |  | $ 305.0 |  |  |
Erica Jackson in the Court of Common Pleas of Lackawanna County, Pennsylvania against Lead Intelligence, Inc. [Member] |  |  |  |  |  |  |  |
Loss Contingency, Damages Per Day, Liquidated Damages |  |  |  |  |  | $ 100.0 |  |
Loss Contingency, Damages Per Day, Punitive Damages |  |  |  |  |  | $ 1,000.0 |  |

X
- Definition Amount of loss contingency liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyAccrualAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of damages awarded to the plaintiff in the legal matter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14557-108349 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14435-108349 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyDamagesAwardedValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The value (monetary amount) of the award the plaintiff seeks in the legal matter. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14557-108349 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14435-108349 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349 + Details
Name: | us-gaap_LossContingencyDamagesSoughtValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of another entity's patents that the entity has allegedly infringed. + References No definition available. + Details
Name: | us-gaap_LossContingencyPatentsAllegedlyInfringedNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of pending claims pertaining to a loss contingency. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121557415&loc=d3e14435-108349 + Details
Name: | us-gaap_LossContingencyPendingClaimsNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of bond secured for loss contingency. + References No definition available. + Details
Name: | vrsk_LossContingencyBondSecured
Namespace Prefix: | vrsk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of liquidated damages accrued per day under loss contingency. + References No definition available. + Details
Name: | vrsk_LossContingencyDamagesPerDayLiquidatedDamages
Namespace Prefix: | vrsk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of punitive damages per day accrued under loss contingency. + References No definition available. + Details
Name: | vrsk_LossContingencyDamagesPerDayPunitiveDamages
Namespace Prefix: | vrsk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | srt_LitigationCaseAxis=vrsk_EagleViewTechnologiesIncAndPictometryInternationalGroupIncVXactwareSolutionsIncAndVeriskAnalyticsIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_LitigationCaseAxis=vrsk_EricaJacksonInTheCourtOfCommonPleasOfLackawannaCountyPennsylvaniaAgainstLeadIntelligenceIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |