Mortgage Guaranty Insurance Corp., Milwaukee, captured the top spot in new insurance written in the first half of this year, with policies on $15.8 billion of mortgages. It is believed to be the first time in several years that the company has held the top rank.

Mortgage Guaranty, or MGIC, surged past GE Capital-Mortgage Corp. ($14.5 billion) by posting a 36% increase over volume in the period in 1992. GE, which held the top spot in 1992, had a 12% increase, to $14.5 billion.

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