Verisk Reports Fourth-Quarter 2019 Financial Results

Segment Results Summary and Adjusted EBITDA Reconciliation (continued)
(in millions)
Note: Organic revenues and adjusted EBITDA are non-GAAP measures.

  Twelve Months Ended December 31, 2019  Twelve Months Ended December 31, 2018
  Insurance  Energy and Specialized Markets  Financial Services  Insurance  Energy and Specialized Markets  Financial Services
Revenues$1,855.5  $573.6  $178.0  $1,705.9  $513.3  $175.9 
Revenues from acquisitions and dispositions (43.2)  (32.8)  (0.1)  (9.2)     (2.2)
Organic revenues$1,812.3  $540.8  $177.9  $1,696.7  $513.3  $173.7 
                  
EBITDA$827.1  $137.4  $54.4  $932.2  $154.4  $58.9 
Litigation reserve 125.0                
Acquisition-related costs (earn-outs) 32.1   41.9      (0.8)  2.4   3.5 
Loss from disposition              6.2                    
Gain and interest income on subordinated promissory note receivable                     (17.2 )     (1.4 )     (1.8 )
Adjusted EBITDA   984.2       179.3       60.6       914.2       155.4       60.6  
Adjusted EBITDA from acquisitions and dispositions   (9.5 )     (8.4 )     0.6       0.4              
Organic adjusted EBITDA $ 974.7     $ 170.9     $ 61.2     $ 914.6     $ 155.4     $ 60.6  

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