Triad Guaranty Inc. (“TGI”) was formed in 1993 as the parent company of Triad Guaranty Insurance Corporation, an Illinois-domiciled private mortgage insurance company with its home office in Winston-Salem, North Carolina. Triad Guaranty Insurance Corporation ceased issuing commitments for new business on July 15, 2008 and entered into voluntary run-off.

On December 11, 2012, the Circuit Court of Cook County, Illinois entered an Agreed Order of Rehabilitation, which placed Triad Guaranty Insurance Corporation in rehabilitation, affirmed the Illinois Director of Insurance as its statutory rehabilitator, and vested the Rehabilitator with possession and control of the rehabilitation estate of Triad Guaranty Insurance Corporation. By virtue of the Agreed Order of Rehabilitation, TGI and its board of directors no longer govern or control Triad Guaranty Insurance Corporation or its business and affairs.