MGIC Investment Corp., Milwaukee, has reported earnings of $95.2 million ($0.82 per share) for the second quarter, up 18% from the $80.6 million ($0.67 per share) recorded in the second quarter of 1997.The earnings per share for the latest quarter include $0.01 of realized gains, the company said. Total revenues for the second quarter were $238.0 million, up from $210.9 million in the second quarter of 1997. MGIC attributed the revenue increase to a 9% rise (to $189.2 million) in net premiums earned and a 16% increase (to $35.3 million) in investment income. Net premiums written totaled $186.7 million for the second quarter, up 9% from $170.9 million for the second quarter of 1997. MGIC's website address is http://www.mgic.com.
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