Background Check Firm To Pay $18M To End FCRA Claims

Law360, New York (November 13, 2013, 3:10 PM EST) -- Two Verisk Analytics Inc. units on Tuesday agreed to pay $18.6 million to settle three proposed class actions accusing them of violating the Fair Credit Reporting Act by failing to give consumers copies of their consumer reports prior to delivering the reports to prospective employers.

Intellicorp Records Inc., a nationwide provider of consumer reports including criminal background checks, and Insurance Information Exchange LLC, which also provides background reports, were facing allegations they either provided incorrect, outdated or incomplete information to potential employers.

Each of the plaintiffs...
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