ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed on July 19, 2012, Donald P. Lofe, Jr. had informed The PMI Group, Inc. ("TPG") that he had accepted an offer of employment with a San Francisco, California-based company and of his intention to resign as Executive Vice President, Chief Financial Officer and Chief Administrative Officer of TPG upon the completion of an appropriate transition period. The effective date of his resignation from TPG will be September 3, 2012. Effective September 4, 2012, he will begin his new position as the Chief Financial Officer of a San Francisco, California-based company that provides fully automated and customized weather insurance products to the agricultural industry.

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