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Document and Entity Information
May 17, 2023
Cover [Abstract]  
Entity Registrant Name RADIAN GROUP INC
Amendment Flag true
Entity Central Index Key 0000890926
Document Type 8-K/A
Document Period End Date May 17, 2023
Entity Incorporation State Country Code DE
Entity File Number 1-11356
Entity Tax Identification Number 23-2691170
Entity Address, Address Line One 1500 Market Street
Entity Address, City or Town Philadelphia
Entity Address, State or Province PA
Entity Address, Postal Zip Code 19102
City Area Code (215)
Local Phone Number 231-1000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, $0.001 par value per share
Trading Symbol RDN
Security Exchange Name NYSE
Entity Emerging Growth Company false
Amendment Description On May 23, 2023, Radian Group Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Form 8-K”) to report, among other things, the annual grant of long-term incentive awards to the Company’s executive officers named in the 2022 Summary Compensation Table (“named executives”) of the Company’s 2023 Proxy Statement, filed with the Securities and Exchange Commission on March 31, 2023. This Amendment No. 1 to the Original Form 8-K is being filed solely to correct an inadvertent error in one of the reference points for the Relative TSR Modifier (as defined in the Original Form 8-K) applied to adjust the payout percentage under the performance based long-term incentive awards granted to the named executives. Specifically, the performance that correlates to a 25% Relative TSR Modifier was inadvertently reported as ≥10.0% and should have been reported as ≥10.5%. The corrected Item 5.02 is set forth below. In all other respects, the Original Form 8-K is unchanged.