To clarify:
"Regulator froze up" Temp was about 30 degrees. Was windy, but only about 4 or 5 mph. If that was the culprit, why would both furnace & water heater come back on immediately when power came on and continue with no problems? No delay, both started working right away as soon as power came on.
We had lights on & wife cooked dinner on the microwave.
Gas is propane, tank was 55% full.
Cable runs from generator to transfer switch.
Generator is gasoline fueled, rated at 7000 watts. Runs well, freezer, furnace fan, microwave, some lights (LED's).
When power failed lights flashed repeatedly for maybe 30 seconds. Didn't kill computers or anything else.
Thanks to all who replied, I'm hoping for more suggestions.