In Brief: United Guaranty Offers Home Warranty Service

United Guaranty Residential Insurance Co., a mortgage insurer, is offering a home warranty service program to borrowers.

The contracts, which offer protection on major appliances and home systems, are administered by AIG Warranty Services and insured by New Hampshire Insurance Co.

United Guaranty, AIG Warranty, and New Hampshire Insurance are all subsidiaries of American International Group Inc., one of the largest insurance companies in the nation. MGIC Investment Corp., the nation's largest mortgage insurer, introduced a similar program in May with Warrantech Corp.

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