Triad Guaranty Insurance Corporation

Triad Guaranty Insurance Corporation, headquartered in Winston Salem, North Carolina, is a privately held insurance corporation. Founded in 1987, the company specializes in private mortgage insurance. Triad Guaranty Insurance Corporation ceased issuing new commitments in 2008 and entered voluntary run-off. While Triad Guaranty Insurance Corporation is no longer accepting new business, the company continues to manage existing insurance policies. This involves processing valid claims, collecting premiums, and collaborating with customers to find solutions to prevent borrowers from losing their homes and minimize mortgage-related losses. Triad Guaranty Insurance Corporation is currently in rehabilitation, overseen by the Illinois Department of Insurance. Both parties are working collaboratively to develop a Rehabilitation Plan, which is expected to be submitted to the Circuit Court of Cook County, Illinois, in early 2013. Visit Triad Guaranty Insurance Corporation's website at triadguaranty.com for further details.