Triad Guaranty completes severing ties with execs [Winston-Salem Journal, N.C.]
By Richard Craver, Winston-Salem Journal, N.C. | |
McClatchy-Tribune Information Services |
The filing said Jones,
On Thursday, the executives resigned from those roles with the parent company. The filing said the parent company could hire Jones and Wall as consultants.
In
At that time, Triad officials said they expected the company to exist until at least 2015 to 2017. But since the company entered runoff status, at least 206 of its 250 local jobs have been eliminated.
On Friday,
The companies were placed into rehabilitation under the
"Our goal is to run things as smoothly as possible," Miller said. "Policyholders are still paying premiums. We are doing business as usual -- processing claims and making payments."
On
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