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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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PlusOneCoin Top Posts
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#1037   Welch Group Llc started positions in Triad Guaranty Tjohn 03/13/18 10:14:43 AM
#1036   They still own 72,470 shares,,, SavhDawg 03/12/18 04:48:56 PM
#1035   This is from 2015 Tjohn 03/12/18 02:51:59 PM
#1034   I think Tom Horan can answer the Tjohn 03/11/18 04:55:44 PM
#1033   Or a transfer of some stock Tjohn 03/03/18 05:52:34 PM
#1032   Boy, it sure is trading heavy these past dharmamatt 03/02/18 05:07:36 PM
#1031   Agreed. The NOL's are the only reason this 56Chevy 03/01/18 09:27:11 AM
#1030   But than the ownership will change and as Tjohn 02/27/18 02:00:01 PM
#1029   Stop stop stop. 56Chevy 02/27/18 12:44:28 PM
#1028   I think that TGICQ is not a DIP Tjohn 02/27/18 03:07:37 AM
#1027   What do you mean the dip lender paid jmichel08 02/26/18 04:59:58 PM
#1026   Marker: Triad Guaranty Inc. (TGICQ) 56Chevy 02/26/18 12:30:11 PM
#1025   Most likely this is all work off market Tjohn 02/23/18 03:20:39 PM
#1024   Perhaps additional court cases Tjohn 02/23/18 02:23:42 AM
#1023   It seems funny though. Seems to drop jmichel08 02/22/18 07:02:32 PM
#1022   I think it is soon dharmamatt 02/22/18 06:55:14 PM
#1021   Not sure if anyone has an idea when jmichel08 02/22/18 08:30:05 AM
#1020   Maybe market makers shaking the to try and SavhDawg 02/20/18 08:27:11 PM
#1019   It looks like it was 15.37 million and jmichel08 02/20/18 06:33:13 PM
#1018   The number of 16.27M shares is high, in Tjohn 02/20/18 06:06:48 PM
#1017   No clue, I don’t see any need jmichel08 02/20/18 12:07:23 PM
#1016   Any ideas why? tdeck 02/20/18 12:01:49 PM
#1015   Jeez that was quite a drop today. jmichel08 02/20/18 11:55:04 AM
#1014   Well done! dharmamatt 02/13/18 06:08:12 PM
#1013   Link... SavhDawg 02/13/18 06:01:31 PM
#1012   Found this..."institutional ownership" Form 13G filed. To much time SavhDawg 02/13/18 05:59:00 PM
#1011   Yes, finally dharmamatt 02/13/18 03:58:10 PM
#1010   Hey, you mentioned WMIH .and bam...they found a company SavhDawg 02/13/18 03:46:21 PM
#1009   Hard to say of course dharmamatt 02/12/18 02:02:35 PM
#1008   TGICQ new common shares issue amount + SavhDawg 02/12/18 10:06:26 AM
#1007   The last day to get 3rd Party releases SavhDawg 02/09/18 07:26:00 PM
#1006   So is everyone thinking we should hear something jmichel08 02/09/18 10:37:40 AM
#1005   Spoke with attorney that sent letter out. Third Party SavhDawg 01/31/18 10:45:32 PM
#1004   That's how I read it dharmamatt 01/31/18 09:37:57 PM
#1003   I got the same thing today. Not jmichel08 01/31/18 07:45:54 PM
#1002   Plan Confimation...Third Party Release...Opt out Form? Got this in SavhDawg 01/30/18 07:55:34 PM
#1001   Im still adding since .11 Think others are as SavhDawg 01/28/18 08:52:24 PM
#1000   Any idea for the price jump on Friday? jmichel08 01/27/18 04:41:14 PM
#999   William Ratliff, CEO of Triad G back in SavhDawg 01/26/18 11:39:34 AM
#998   Got that right SavhDawg 01/26/18 11:36:20 AM
#997   Good spike TheKobra 01/26/18 11:08:44 AM
#996   News in 3-4 weeks it seems dharmamatt 01/26/18 10:50:30 AM
#995   I would assume so. dharmamatt 01/20/18 07:47:47 PM
#994   I think we get some cash infusion / SavhDawg 01/20/18 07:05:45 PM
#993   From Law360 dharmamatt 01/20/18 09:01:38 AM
#992   You think we are on to something? SavhDawg 01/18/18 04:02:41 PM
#991   Wow, nice find. SavhDawg 01/18/18 03:17:20 PM
#990   I’m not sure what to think exactly but jmichel08 01/18/18 01:01:23 PM
#989   Statemend of change in Cash and invested assets Tjohn 01/18/18 11:35:52 AM
#988   Yes Tjohn 01/17/18 12:49:58 PM