MGIC Investment (MTG -48.5%) plunges after posting a Q2 loss of $1.36/share vs. $0.75 a year...

|About: MGIC Investment Corporation (MTG)|By:, SA News Editor

MGIC Investment (MTG -48.5%) plunges after posting a Q2 loss of $1.36/share vs. $0.75 a year ago. The loss brings the company's risk to capital ratio to 30:1, above the 25:1 level at which regulators may disallow the company from writing new policies. (PR)