Wednesday, April 15, 2009

CHARLOTTE, N.C. (AP) - In an April 13 story about MGIC Investment Corp.’s 2008 executive compensation, The Associated Press reported erroneously that the company’s chairman and chief executive, Curt Culver, received a performance-related cash bonus of $349,073 last year. That figure actually reflects the change in present value of his accumulated pension benefits. Culver received no cash bonus last year.

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