MGIC Investment Corporation

MGIC Investment Corporation Schedules 1st Quarter 2024 Earnings Call

Retrieved on: 
Tuesday, April 2, 2024

MILWAUKEE, April 2, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.

Key Points: 
  • MILWAUKEE, April 2, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.
  • A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday, May 2, 2024, to discuss the Company's results for the quarter ended March 31, 2024.
  • The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom.
  • A replay of the webcast will be available on the Company's website through June 3, 2024.

MGIC Investment Corporation Schedules 4th Quarter 2023 Earnings Call

Retrieved on: 
Monday, January 8, 2024

MILWAUKEE, Jan. 8, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2023 financial results after the market closes on Wednesday, January 31, 2024.

Key Points: 
  • MILWAUKEE, Jan. 8, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2023 financial results after the market closes on Wednesday, January 31, 2024.
  • A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday, February 1, 2024, to discuss the Company's results for the quarter ended December 31, 2023.
  • The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom.
  • A replay of the webcast will be available on the Company's website through March 1, 2024.

CONDOTEK AND MGIC LAUNCH ALL-IN-ONE CONDOMINIUM COMPLIANCE

Retrieved on: 
Thursday, November 2, 2023

PHILADELPHIA and MADISON, Wis., Nov. 2, 2023 /PRNewswire/ -- CondoTek and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), announced the launch of a new All-In-One Condominium Compliance solution available through CondoTek.

Key Points: 
  • PHILADELPHIA and MADISON, Wis., Nov. 2, 2023 /PRNewswire/ -- CondoTek and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), announced the launch of a new All-In-One Condominium Compliance solution available through CondoTek.
  • CondoTek's Condo Project Warrant (CPW) will now simultaneously validate condominium projects for MGIC underwriting compliance while still delivering validation for agency policies and guidelines.
  • As a value-add, the MGIC Compliance validation is delivered at no additional cost to CondoTek's CPW.
  • It is a natural relationship because MGIC and CondoTek are both focused on technology and automation leading the industry to provide better, more cost-effective solutions for mortgage lenders and their consumers," said Asher Kahn, CEO of CondoTek.

MGIC Investment Appoints Mike Thompson to Board of Directors

Retrieved on: 
Thursday, October 26, 2023

MILWAUKEE, Oct. 26, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Michael (Mike) Thompson has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).

Key Points: 
  • MILWAUKEE, Oct. 26, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Michael (Mike) Thompson has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC).
  • "We are pleased to welcome Mike to the Board," said Curt Culver, the Chairman of MTG.
  • Mr. Thompson has served on the Board of Hinsdale Bank and Trust, a Wintrust Bank, since 2014.
  • He is also a member of the Board of Trustees at Cornell University, the Ronald McDonald House Global Board of Directors, and is a member of the Kenosha Area Business Alliance.

MGIC Investment Corporation Schedules 3rd Quarter 2023 Earnings Call

Retrieved on: 
Thursday, October 5, 2023

MILWAUKEE, Oct. 5, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2023 financial results after the market closes on Tuesday, October 31, 2023.

Key Points: 
  • MILWAUKEE, Oct. 5, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2023 financial results after the market closes on Tuesday, October 31, 2023.
  • A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Wednesday, November 1, 2023, to discuss the Company's results for the quarter ended September 30, 2023.
  • The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom.
  • A replay of the webcast will be available on the Company's website through December 4, 2023.

AM Best Revises Outlooks to Positive for Operating Subsidiaries of MGIC Investment Corporation

Retrieved on: 
Friday, September 15, 2023

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of the operating subsidiaries of MGIC Investment Corporation.

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of the operating subsidiaries of MGIC Investment Corporation.
  • The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation, and MGIC Assurance Corporation (collectively referred to as MGIC).
  • The Credit Ratings (ratings) reflect MGIC’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • The potential for the legacy book to hinder operating performance materially is reduced because the risk in force of the legacy book has declined significantly.

MGIC Investment Corporation Schedules 2nd Quarter 2023 Earnings Call

Retrieved on: 
Wednesday, July 5, 2023

MILWAUKEE, July 5, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2023 financial results after the market closes on Wednesday, August 2, 2023.

Key Points: 
  • MILWAUKEE, July 5, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2023 financial results after the market closes on Wednesday, August 2, 2023.
  • A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday, August 3, 2023, to discuss the Company's results for the quarter ended June 30, 2023.
  • The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom.
  • A replay of the webcast will be available on the Company's website through September 5, 2023.

MGIC ANNOUNCES NEW BUSINESS DEVELOPMENT LEADERSHIP

Retrieved on: 
Wednesday, April 5, 2023

MILWAUKEE, April 5, 2023 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced three promotions in the area of Business Development, designed to further strengthen the company's longstanding commitment to customer experience and relationships.

Key Points: 
  • MILWAUKEE, April 5, 2023 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced three promotions in the area of Business Development, designed to further strengthen the company's longstanding commitment to customer experience and relationships.
  • Danny Garcia-Velez becomes Senior Vice President of Business Development and Marketing, having joined MGIC in 2017 with extensive experience in housing policy, product management and community development.
  • In August 2020, he was promoted to Vice President of Business Development, and in 2022 he was again promoted to Group Vice President, head of regional sales and marketing.
  • "His leadership and capabilities will be on full display as he leads our business development and marketing efforts into the future."

MGIC Investment Corporation Schedules 1st Quarter 2023 Earnings Call

Retrieved on: 
Tuesday, April 4, 2023

MILWAUKEE, April 4, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2023 financial results after the market closes on Wednesday, May 3, 2023.

Key Points: 
  • MILWAUKEE, April 4, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2023 financial results after the market closes on Wednesday, May 3, 2023.
  • A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday, May 4, 2023, to discuss the Company's results for the quarter ended March 31, 2023.
  • The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom.
  • A replay of the webcast will be available on the Company's website through June 5, 2023.

MGIC Announces Jay J. Hughes, Executive Vice President of Sales and Business Development to Retire; Danny Garcia-Velez to Lead Sales and Business Development

Retrieved on: 
Thursday, January 19, 2023

Shortly after Mr. Hughes moves into this transitional role, Danny Garcia-Velez, Group Vice President- Regional Sales and Marketing, will become the new Sales and Business Development leader of MGIC.

Key Points: 
  • Shortly after Mr. Hughes moves into this transitional role, Danny Garcia-Velez, Group Vice President- Regional Sales and Marketing, will become the new Sales and Business Development leader of MGIC.
  • He began with MGIC in 1987 in Washington, D.C. as an Account Executive.
  • In August 2020, he was promoted to Vice President of Business Development, and in 2022 he was again promoted to Group Vice President, head of regional sales and marketing.
  • "Danny's skillset and character make him the ideal candidate to lead our Business Development and Sales teams.