Roger Haughton, president and chief executive of PMI Group, was elected president of the Mortgage Insurance Companies of America at the trade group's annual meeting last week.

Mr. Haughton succeeds William A. Simpson, president and chief executive officer of Republic Mortgage Insurance Co., as the group's president. A group spokeswoman said Mr. Haughton's term would last at least a year.

He is a 28-year veteran of the mortgage insurance industry and helped bring San Francisco-based PMI public in 1995. PMI is the nation's third- largest mortgage insurer.

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