Insider Trades - RATLIFF WILLIAM T JR

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RATLIFF WILLIAM T JR: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
TRIAD GUARANTY INC Beneficial Owner (10% or more) OTC BB:TGIC.OB (historical quotes, profile, SEC, other insiders)	24-Nov-09	507,433	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
24-Nov-09 15,544 TGIC.OB Sale at $0.45 per share.
(Proceeds of $6,994)
23-Nov-09 48,060 TGIC.OB Sale at $0.52 per share.
(Proceeds of $24,991)
14-Nov-08 70,696 TGIC.OB Sale at $0.49 per share.
(Proceeds of $34,641)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
24-Nov-09	15,544	TGIC.OB	Sale at $0.45 per share. (Proceeds of $6,994)
23-Nov-09	48,060	TGIC.OB	Sale at $0.52 per share. (Proceeds of $24,991)
14-Nov-08	70,696	TGIC.OB	Sale at $0.49 per share. (Proceeds of $34,641)