Yes, they ground to the body. But there are two factors at work here I think.
One is that the Bronco bodies don't exactly make the worlds best grounding surfaces.
And two, there may be another reason that you want the regulator grounded directly to the alternator.
I'm not really sure about that, but Viper, Raymond, or Steve83 might know the theory behind it. It may simply be that this is the best way to keep the ground as reliable as possible. And since the two items are so intimately involved with each other's functions, they just like them to be grounded together.
As to why you're blowing regulators, the only thing I can think of is to go back to #1 and say that, perhaps, your fender just ain't grounded like it used to be. Powering up a regulator without it being grounded is generally considered the quickest way to need a new one.
There may be other things that can blow a regulator, but I don't know what they are.
And along that line of thought, what is the condition of your ground cables? Do you have the main one to the engine block (not a head or manifold bolt) AND a good solid one to the body? There really should be more of course, and all modern vehicles do have more, but those two are the grounds in their most basic form. In reality, the entire truck should be interconnected with grounds. Whether in the form of wires, cables, straps or direct connections, the whole shebang, body, engine, frame, needs a good connection.
Check that aspect out too, and see if you're missing something. The most common thing to found lacking is the battery-to-body ground. The factory had it in-line with the main cable to the engine, using one lead, so when negative battery cables are changed out, the body ground connection often doesn't get re-connected.
Paul