, a mortgage insurance company, reaffirmed its 2006 outlook and said it expects total incurred losses for its U.S. mortgage insurance operations to be between $250 million to $270 million.
The Walnut Creek, Calif.-based company said it expects expense ratio for its U.S. mortgage insurance operations at the lower end of the range between 23% and 25%.
Full-year expenses related to stock options and stock based compensation could be about $9 million after tax, the company said.
The company's shares were trading down 11 cents at $44.28 Friday.
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