Items Tagged with 'Mark K. Tonnesen'


  • As Triad Moves into Runoff, CEO Tonnesen Leaves

    Triad Guaranty Inc. [stock TGIC][/stock] said Thursday that president and CEO Mark K. Tonnesen will retire from the company, effective August 15. William Ratliff, currently chairman of the board, will assume Tonnesen's role on an interim basis, the company said in a press statement.
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  • Triad Guaranty Reports Net Loss of $31.8 Million in Third Quarter

    Triad Guaranty, Inc., a private mortgage insurer, said an increasing pace of mortgage defaults pushed the insurer into the red during the third quarter. The company reported a net loss of $31.8 million compared to $19.4 million in profits during the year-ago period, and "dramatically" increased reserves to account for paid claims and expected losses. From the press release:
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