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Triad Guaranty Inc. (TGICQ)

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TGIC - Triad Guaranty Inc.

  Triad Guaranty Inc.
101 South Stratford Road
Winston-salem, NC 27104

 (336) 723-1282

  • Estimated Market Cap:$2,458,900.48 as of Oct 19,2012

  • Number of shares of common stock, par value $0.01 per share, outstanding as of August 3, 2012 was 15,368,128.

  • shs increased by 2 for 1 split: Ex-Date: Oct 29, 1997





Triad Guaranty Inc.


Business Summary

Triad Guaranty Inc. is a holding company. Through its wholly owned subsidiary, Triad Guaranty Insurance Corporation (Triad), the Company provided private mortgage insurance coverage in the United States. Triad ceased issuing new commitments for mortgage guaranty insurance coverage on July 15, 2008, and is operating the business in run-off. Triad no longer writes new mortgage insurance policies but continues to service the existing policies. Servicing existing policies includes receiving premiums on policies that remain in force; cancelling coverage at the insured's request; terminating policies for non-payment of premium; working with borrowers in default to remedy the default and/or mitigate the Company's loss, and settling all legitimate filed claims per the Company's contractual obligations. Prior to the commencement of run-off on July 15, 2008, the Company offered principally two products, Primary and Modified Pool mortgage insurance.

Investor Contact Office Phone Fax
Ken Jones
101 South Stratford Road
Winston-Salem, NC 27104
336-723-1282 336-723-0343


Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad Guaranty Inc., offers private mortgage insurance to residential mortgage lenders nationwide. Mortgage insurance (MI) protects our customer, the lender, from default related losses. It is a requirement in most home purchases and refinancing involving conventional residential first mortgage loans to borrowers with a down payment of less than 20 percent.

The availability of mortgage insurance enables a borrower to put as little as zero percent down in some instances. By providing this mortgage tool, Triad makes housing affordable to millions of people who otherwise wouldn't be able to afford a home of their own.

Triad Guaranty Inc. was named to the prestigious Forbes magazines list of the "200 Best Small Companies" in America in the October 31, 2005 issue. This was the third time, since Triad's inception in 1987, that the company has been named to the prestigious list, having also been listed in 2004 and 1999.

Forbes magazine ( compiles its annual "200 Best Small Companies" in America list using "very strict financial performance standards. To qualify, candidates have to show a consistent pattern of positive growth during a five-year period, as well as of the last 12 months." Forbes selected its list from companies with sales ranging from $5 million to $750 million, net profit margins greater than 5 percent and share prices above $5 as of September 29.


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Index Membership: N/A
Sector: Financial
Industry: Surety & Title Insurance
Full Time Employees: 50



Triad Guaranty, Inc., through its subsidiary, Triad Guaranty Insurance Corporation, provides private mortgage insurance products in the United States. It offers primary insurance products, which provide mortgage default protection to lenders on individual loans, as well as cover a percentage of unpaid loan principal, delinquent interest, and expenses associated with the default and subsequent foreclosure. The company also facilitates the sale of mortgage loans in the secondary market. In addition, it provides modified pool insurance, which is written on structured bulk transactions initiated by underwriters of mortgage-backed securities, mortgage lenders, and mortgage investors. The company sells its products to residential mortgage lenders, such as mortgage bankers, mortgage brokers, commercial banks, and savings institutions through its sales group. Triad Guaranty was founded in 1987 and is based in Winston-Salem, North Carolina.



Executive Leadership

Officers of Triad Guaranty Inc.


{C}{C}{C}{C}Kenneth W. Jones
President, Chief Executive Officer and Chief Financial Officer

Kenneth S. Dwyer
Vice President and Chief Accounting Officer

Earl F. Wall
Senior Vice President, Secretary and General Counsel

Julia H. Turner
Vice President, Assistant Secretary and Assistant General Counsel


Executive Leadership of
Triad Guaranty Insurance Corporation

{C}{C}Kenneth W. Jones
President, Chief Executive Officer and Chief Financial Officer

800-451-4872 ext. 1105 or

Kenneth Jones joined Triad in 2006 as Senior Vice President and Chief Financial Officer. Mr. Jones assumed the role of President and Chief Executive Officer in October, 2008. Prior to joining Triad, he served as Senior Vice President of RBC Liberty Insurance from 2000 to 2005. Mr. Jones worked at The Liberty Corporation from 1994 to 2000, most recently as Vice President and Acting Chief Financial Officer. From 1980 to 1994, Mr. Jones was employed by Ernst & Young. He has been associated with the insurance/mortgage industry for over 25 years.

Kenneth S. Dwyer
Vice President and Chief Accounting Officer

800-451-4872 ext. 1137 or

Kenneth S. Dwyer has been Vice President and Chief Accounting Officer of Triad Guaranty since September 2003. Mr. Dwyer served as Vice President and Controller of Jefferson Pilot from 1997 to 2003. He was the Vice President and Controller of Pan American Life Insurance and was also employed by Deloitte & Touche as a senior manager.

Shirley A. Gaddy
Senior Vice President - Operations

800-451-4872 ext. 1180 or

Shirley Gaddy joined Triad in 1996 and has been Senior Vice President of Operations since April 2002. Ms. Gaddy was employed by Life of the South from 1995 to 1996 as Assistant Vice President. She was with Integon Life Insurance Corporation from March 1972 to December 1994, most recently as Assistant Vice President, Manager Credit Insurance. Ms. Gaddy has been in the insurance/mortgage industry for over 33 years.

Stephen J. Haferman
Senior Vice President - Strategic Initiatives

800-451-4872 ext. 1200 or

Steve Haferman joined Triad in 2006 as Senior Vice President, Risk Management and Information Services. Mr. Haferman assumed the role of Senior Vice President - Strategic Initiatives in July, 2008. He was the Chief Operating Officer of Cheryl and Co. from 2003 to 2006, responsible for Strategic Planning, Analytics, and Technology. His previous experience includes Vice President, Marketing Information Systems at Electric Power; various positions at Banc One and at National City Bank. Mr. Haferman has over 20 years experience in the retail, financial and banking industries.

George L. Jackson
Vice President and Chief Information Officer

800-451-4872 ext. 1286 or

George Jackson joined Triad in 1998 as a Project Manager and has been Vice President of Information Services since January, 2005. Mr. Jackson assumed the role of Chief Information Officer in July, 2008. Prior to joining Triad, he served in a variety of information services management roles at Unifi, ISSI and Roy F. Weston. Mr. Jackson has over 22 years of experience in the information services industry.

Earl F. Wall
Senior Vice President, Secretary and General Counsel

800-451-4872 ext. 1108 or

Earl Wall has been with Triad since January 1996 and serves as Senior Vice President, General Counsel and Secretary. From 1982 to 1995, Mr. Wall was employed by Integon in a number of capacities including Vice President, Associate General Counsel, and Director of Integon Life Insurance Corporation and Georgia International Life Insurance Corporation, Vice President and General Counsel of Integon Mortgage Guaranty Insurance Corporation, and Vice President, General Counsel, and Director of Marketing One, Inc. Mr. Wall has over 23 years in the insurance/mortgage industry.


Sept 28, 2012 700,866 -0.11 4,051 173.01 No No

Stock Chart:








  Dec 31, 2008
12 Months
Dec 31, 2007
12 Months
Dec 31, 2006
12 Months
% Change
Total Revenue ($000): 270,450 308,790 239,140 12.09
Earnings before Interest & Tax ($000): -750,980 -126,270 93,080 N/A
Profit/Loss ($000): -631,120 -77,450 65,630 N/A
Earnings per Share: -42.27 -5.22 4.44 N/A
Total Assets ($000): 1,130,530 1,132,850 895,630 13.78
Dividends Per Share 0.00 0.00 0.00  
Return on Com. Equity: -348.50 -14.49 12.27  
Employees: N/A N/A N/A  
Trailing 12 Month Results
  12 Months ended
Mar 31, 2009,us$
12 Months ended
Mar 31, 2008,us$
Total Revenue ($000): N/A 326,060 N/A
Profit/Loss ($000): N/A -241,540 N/A
Earnings per Share: N/A -16.24 N/A
Dividends Per Share 0.00 0.00
Number of Shares: 15,210,000 14,920,000



For more information on Triad Guaranty Inc., please visit the Company's web site at


DATASOURCE: Triad Guaranty Inc.


CONTACT: Bob Ogburn, Vice President, Triad Guaranty Insurance

Web Site:

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#943   Heavy volume today... Interesting TheKobra 12/05/17 02:04:09 PM
#942   who's buying my stock ? shurtha2000 12/05/17 10:18:10 AM
#941   It was fun seeing a little movement for jmichel08 10/06/17 02:35:45 PM
#940   Very good.. balls are rolling in the right way TheKobra 09/10/17 02:50:10 PM
#939 Tjohn 09/10/17 04:58:32 AM
#938   premium Tjohn 09/10/17 04:05:34 AM
#937   :) :) shurtha2000 09/05/17 10:15:40 AM
#936   The working TGIC in rehabilitation is doing not Tjohn 09/03/17 03:45:21 PM
#935   Someone is buying...I'm here from 2009 TheKobra 09/01/17 11:32:28 AM
#934   This might be the most boring stock on earth! jmichel08 03/20/17 03:18:55 PM
#933   Can't wait for President Trump to start working shurtha2000 01/12/17 10:27:36 AM
#932   FNMA back over $4 shurtha2000 12/08/16 10:59:40 AM
#931   Need FNMA too rebound shurtha2000 12/06/16 12:49:35 AM
#930   don't sell to cheaply , just beginning shurtha2000 12/01/16 11:32:55 AM
#929   600,000 shares shorted begging to get out shurtha2000 12/01/16 10:18:39 AM
#928   Nice Move DJPennyTrader 12/01/16 09:54:34 AM
#927   On the fly TheKobra 12/01/16 09:40:53 AM
#926   TGICQ usually follows FNMA upward climb, and this shurtha2000 12/01/16 12:33:31 AM
#925   What does this company do? backyards 11/30/16 11:22:11 PM
#924   169k buy 1k sell....Good sign for tomorrow TheKobra 11/30/16 03:25:13 PM
#923   Chart says it used to trade 100+ hwllo 11/30/16 03:00:02 PM
#922   Yep looks like the move is related to fnma mrpickem 11/30/16 02:58:50 PM
#921   Something is still moving here... TheKobra 11/30/16 01:47:37 PM
#920   FNMA moving on a Trump Administration shurtha2000 11/22/16 01:36:28 PM
#919   I see this as a penny to dollar UNDAUNTED 07/28/16 12:13:56 PM
#918   Do you expect news in the next month? TheKobra 07/18/16 07:34:57 AM
#917   At 06/27/2016 there is a new entry from Tjohn 07/17/16 10:41:54 AM
#916   Nothing so far TheKobra 05/18/16 07:45:38 AM
#915   Have you heard anything? jmichel08 05/17/16 12:22:10 PM
#914   We'll see tomorrow....very bad to see tgiq near TheKobra 05/16/16 04:41:35 PM
#913   Haven't been able to find anything... jmichel08 05/16/16 04:40:36 PM
#912   The end of the story? TheKobra 05/16/16 04:39:34 PM
#911   Can't find anything new but do see the jmichel08 05/16/16 01:50:13 PM
#910   Interesting day yesterday...still can't locate any news so jmichel08 03/11/16 11:31:23 AM
#909   Looking good. Hope for some news! TheKobra 03/04/16 07:10:57 PM
#908   The most specific answer I got was "when hawkmd 12/21/15 05:26:13 PM
#907   You know When is this expected? TheKobra 12/21/15 02:43:20 PM
#906   Same as 2015. IMO everybody is waiting for hawkmd 12/21/15 01:19:24 PM
#905   What can we expect from 2016? Any update TheKobra 12/15/15 04:53:33 PM
#904   You already got news a couple months ago. hawkmd 10/24/15 01:29:32 PM
#903   No, you won't. This was probably a computer hawkmd 10/24/15 01:21:33 PM
#902   And they sold their entire position on Q3. hawkmd 10/24/15 01:13:10 PM
#901   Any updates on the bankruptcy? I have jmichel08 09/21/15 02:48:33 PM
#900   Really thin shurtha2000 09/09/15 12:05:26 PM
#899   What makes you say that? jmichel08 08/27/15 02:22:44 PM
#898   I see this as a penny to dollar play shurtha2000 08/27/15 12:05:11 PM
#897   Maybe close to a bottom shurtha2000 08/06/15 01:58:29 PM
#896   interesting shurtha2000 08/05/15 11:01:38 AM
#895   Hope to see some news on this TheKobra 08/04/15 07:23:54 AM
#894   In this quarter, Welch Group Llc started positions Tjohn 08/01/15 04:18:14 PM