Old Republic Sees Progress on Mortgage-Insurer Funding

Old Republic International Corp. (ORI) is moving forward with plans to raise funds at its mortgage insurer, Chief Executive Officer Aldo Zucaro said.

Executives and advisers are “making good progress,” Zucaro said today on a conference call. “Within the next several weeks, we should be in a position to report on this capital raise.”

To contact the reporters on this story: Zachary Tracer in New York at ztracer1@bloomberg.net; Alexandria Baca in New York at abaca3@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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