Carr and Poliner Join MGIC Investment Board

                 Carr and Poliner Join MGIC Investment Board

PR Newswire

MILWAUKEE, Oct. 24, 2013

MILWAUKEE, Oct. 24, 2013 /PRNewswire/ --MGIC Investment Corporation (NYSE:
MTG) today announced that Cassandra C. Carr and Gary A. (Skip) Poliner have
joined the company's Board of Directors and will be part of the Audit
Committee and Securities Investment Committee. 

"We welcome Cassandra and Skip to the MGIC board and look forward to their
contributions as our company continues to navigate the improving business
conditions in the mortgage market," said Curt Culver, MGIC Investment's
chairman and CEO. "Their diverse business and management backgrounds will
bring an important perspective to MGIC as we consider the opportunities in our
market."

Ms. Carr is currently a consultant. She was Global Vice Chair of Talent at
Hill+Knowlton Strategies before leaving in 2012, and spent nine years as a
Senior Advisor for Public Strategies, Inc., both of which firms provide public
relations services. Prior to joining Public Strategies, Ms. Carr held various
senior-level positions with SBC Communications, Inc., which during her tenure
became one of the world's largest telecommunications companies, including
Senior Executive Vice President, External Affairs, Senior Vice President,
Human Resources, and Senior Vice President – Finance and Treasurer.

Gary A. Poliner was President of Northwestern Mutual Life Insurance Company,
the nation's largest direct provider of individual life insurance, and a
member of its Board of Trustees, when he retired in June 2013. Mr. Poliner
also held various senior-level positions at Northwestern Mutual, including
Chief Financial Officer and Chief Risk Officer.

About MGIC

MGIC (www.mgic.com), the principal subsidiary of MGIC Investment Corporation,
is the nation's largest private mortgage insurer as measured by $159.2 billion
primary insurance in force covering approximately 1.0 million mortgages as of
September 30, 2013. MGIC 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.

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.comunder Investor Information.

SOURCE MGIC Investment Corporation

Website: http://www.mgic.com
Contact: Investors, Michael J. Zimmerman, (414) 347-6596,
mike_zimmerman@mgic.com, or Media, Katie Monfre, (414) 347-2650,
katie_monfre@mgic.com
 
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