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MGIC Investment (STU:MGC) Payments to Suppliers for Goods and Services


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What is MGIC Investment Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


MGIC Investment (STU:MGC) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MGIC Investment Corp (STU:MGC) » Definitions » Payments to Suppliers for Goods and Services
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Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.