Insurance regulators in Illinois have issued an order placing Triad Guaranty Insurance Corp., Winston-Salem, N.C., into rehabilitation, seizing control of the company from its parent Triad Guaranty Inc. The imminent likelihood of this happening was disclosed in the parent company’s third-quarter 10-Q.

Triad was the first of the private mortgage insurers to go into run-off as a result of the mortgage crisis. The two other companies in run-off, PMI and Republic Mortgage Insurance Co., both remain under control of their publicly traded parent companies.

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