MGIC Investment Corporation Shareholders Elect Directors and Approve Other Actions

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Apr 28, 2016, 04:30 ET

MILWAUKEE, April 28, 2016 /PRNewswire/ -- MGIC Investment Corporation's (NYSE: MTG) shareholders have elected the company's current eleven directors to an additional one-year term.

Other actions taken during the annual meeting included:

Approval, on advisory basis, of the company's executive compensation,
Approval of the company's Amended and Restated Rights Agreement, and
Ratification of the appointment of PricewaterhouseCoopers LLP as MTG's independent registered public accounting firm for 2016.

Additional information on all matters voted on during the annual meeting is available in MGIC's Proxy Statement for the 2016 Annual Meeting. An electronic version of the Proxy Statement can be found on MGIC's investor website, https://mtg.mgic.com.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. At March 31, 2016, MGIC had $175.0 billion of primary insurance in force covering approximately one million mortgages.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website without making any other disclosure and intends to continue to do so in the future. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information can be found at http://mtg.mgic.com under Investor Information.

SOURCE MGIC Investment Corporation