Mortgage Insurer Revises Down Paid Claims Estimate 

The PMI Group Inc., a California-based mortgage insurer, on Thursday announced it had downwardly adjusted its estimate of total paid mortgage insurance claims for 2008. The company said it expects total paid claims for the year to be between $810 million and $835 million, down from the estimate announced Nov. 3 when the company said it expected to pay out from $850 million to $900 million in claims by the end of 2008.