<SEC-DOCUMENT>0001562180-19-000425.txt : 20190123
<SEC-HEADER>0001562180-19-000425.hdr.sgml : 20190123
<ACCEPTANCE-DATETIME>20190123151418
ACCESSION NUMBER:		0001562180-19-000425
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190121
FILED AS OF DATE:		20190123
DATE AS OF CHANGE:		20190123

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LORA MELISSA
		CENTRAL INDEX KEY:			0001284116

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10816
		FILM NUMBER:		19537305

	MAIL ADDRESS:	
		STREET 1:		C/O KB HOME
		STREET 2:		10990 WILSHIRE BOULEVARD, 7TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90024

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MGIC INVESTMENT CORP
		CENTRAL INDEX KEY:			0000876437
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				391486475
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		250 EAST KILBOURN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4143476480

	MAIL ADDRESS:	
		STREET 1:		250 EAST KILBOURN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primarydocument.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2019-01-21</periodOfReport>

    <notSubjectToSection16>false</notSubjectToSection16>

    <issuer>
        <issuerCik>0000876437</issuerCik>
        <issuerName>MGIC INVESTMENT CORP</issuerName>
        <issuerTradingSymbol>MTG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001284116</rptOwnerCik>
            <rptOwnerName>LORA MELISSA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 EAST KILBOURN AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MILWAUKEE</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Share Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2019-01-21</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>8591.0653</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2020-02-14</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F6"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8591.0653</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14916.176</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer (&quot;Share Units&quot;) are awarded to the reporting person.</footnote>
        <footnote id="F2">These Share Units do not have a specified dollar-denominated exercise or conversion price.  (Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.)</footnote>
        <footnote id="F3">These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.</footnote>
        <footnote id="F4">These Share Units were awarded to the reporting person pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors and no price was paid by the reporting person for the Share Units.</footnote>
        <footnote id="F5">These Share Units awarded on this transaction date are settled in cash ten business days after February 1, 2020 unless a qualified election for later distribution was made by the reporting person.</footnote>
        <footnote id="F6">These Share Units do not expire on a fixed date, except that the Share Units awarded on January 22, 2018 and on this transaction date are settled in cash ten business days after February 1, 2019 and 2020, respectively, unless a qualified election for later distribution was made by the reporting person.</footnote>
    </footnotes>

    <remarks>This Form 4 is being signed by the reporting person's Attorney-in-Fact pursuant to a previously filed power of attorney.</remarks>

    <ownerSignature>
        <signatureName>Martha F. Tsuchihashi, Attorney-in-Fact</signatureName>
        <signatureDate>2019-01-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>lora.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>



Limited Power of Attorney


KNOW ALL BY THESE PRESENTS, that the undersigned is required,
or may be required in the future, to file reports of changes
in beneficial ownership of equity securities of MGIC Investment
Corporation (the "Company").

To facilitate the filing of these reports, the undersigned
hereby appoints each person who is the Chief Financial Officer,
the General Counsel, the Associate General Counsel, any
Assistant General Counsel, the Secretary, or any Assistant
Secretary of the Company as the undersigned's attorney-in-fact
and agent to: (i)apply on behalf of the undersigned (if necessary)
for access to the EDGAR System maintained by Securities and
Exchange Commission, (ii) apply on behalf of the undersigned for
access codes (if necessary) for the EDGAR System, and (iii) sign
on behalf of the undersigned any Form 3, Form 4, or Form 5 to be
filed by the undersigned with the SEC or any securities exchange.

Each of the persons authorized to act as such attorney-in-fact
and agent above may do so separately without the concurrence of
the other persons.  The authority granted hereunder is granted
to the person occupying the position specified at the time such
authority is exercised.

Dated: November 27, 2017



Signature: (S) Melissa Lora

Please print name:  Melissa Lora
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
