2013-02-20 22:30:44 -
JERSEY CITY, N.J., February 20, 2013 - Dr. Therese M. (Terri) Vaughan has been
elected to the Board of Directors of Verisk Analytics, Inc. (Nasdaq:VRSK), a
leading source of information about risk. Vaughan's election was announced today
at Verisk's Board of Directors meeting.
Vaughan served as Chief Executive Officer of the National Association of
Insurance Commissioners (NAIC) from 2009 to 2012. As CEO, Vaughan was
responsible for overseeing operations of the NAIC, including offices in Kansas
City, New York, and Washington, D.C. She served as the association's primary
representative and chief spokesperson in Washington. She also served as the
chair of the Joint Forum (based in Basel, Switzerland) a group of banking,
insurance, and securities supervisors created to address cross-sector and
financial conglomerate issues. In addition, she was a member of
Committee of the International Association of Insurance Supervisors (IAIS).
Previously, Vaughan served as Iowa Insurance Commissioner and is a past NAIC
President. In addition, she has held a variety of positions in academia and
regulation. She was the Robb B. Kelley Distinguished Professor of Insurance and
Actuarial Science at Drake University, where she focused on the regulation and
management of financial institutions. Vaughan earned a Ph.D. in risk and
insurance at the University of Pennsylvania and a B.B.A. in insurance and
economics at the University of Iowa. Vaughan is the coauthor of two college
textbooks on insurance.
She is an Associate of the Society of Actuaries (ASA), a Chartered Property
Casualty Underwriter (CPCU), an Associate of the Casualty Actuarial Society
(ACAS), and a Member of the American Academy of Actuaries (MAAA).
Vaughan was named one of the top 25 living legends in insurance by National
Underwriter in 2012, one of the 100 most influential people in healthcare by
Modern Healthcare in 2011, and one of the 100 most powerful individuals in the
insurance industry in North America by the insurance media in 2011 and 2010.
"We are pleased to welcome Terri to the Verisk Board of Directors," said Verisk
Chairman and CEO Frank J. Coyne. "Terri brings a tremendous amount of experience
and value to Verisk. Her depth and breadth of industry knowledge and expertise
will be an asset to our organization."
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk
to professionals in insurance, healthcare, financial services, government, and
risk management. Using advanced technologies to collect and analyze billions of
records, Verisk Analytics draws on vast industry expertise and unique
proprietary data sets to provide predictive analytics and decision support
solutions in fraud prevention, actuarial science, insurance coverages, fire
protection, catastrophe and weather risk, data management, and many other
fields. In the United States and around the world, Verisk Analytics helps
customers protect people, property, and financial assets.For more information,
Media Investor Relations
Rich Tauberman Eva Huston
MWW Group (for Verisk Analytics) Senior Vice President and Treasurer, Corporate
202-600-4546 Finance and Investor Relations
Verisk Analytics, Inc.
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Source: Verisk Analytics Inc. via Thomson Reuters ONE