-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EFh9I9yfcm+xijWfy8mHdCWYY4DxeFu/NxM7yoEC76yjz8mGlvR5ESqtuNil2zfA
 VtliWrhgwehE7dF+vjlZEA==

<SEC-DOCUMENT>0001209191-10-046757.txt : 20100917
<SEC-HEADER>0001209191-10-046757.hdr.sgml : 20100917
<ACCEPTANCE-DATETIME>20100917142026
ACCESSION NUMBER:		0001209191-10-046757
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100708
FILED AS OF DATE:		20100917
DATE AS OF CHANGE:		20100917

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ross Kyle
		CENTRAL INDEX KEY:			0001495910

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08007
		FILM NUMBER:		101077931

	MAIL ADDRESS:	
		STREET 1:		15303 VENTURA BLVD.
		STREET 2:		SUITE 1510
		CITY:			SHERMAN OAKS
		STATE:			CA
		ZIP:			91403

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SIGNATURE GROUP HOLDINGS INC
		CENTRAL INDEX KEY:			0000038984
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				952815260
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		175 N. RIVERVIEW DRIVE
		CITY:			ANAHEIM
		STATE:			CA
		ZIP:			92808
		BUSINESS PHONE:		714.283.6500

	MAIL ADDRESS:	
		STREET 1:		175 N. RIVERVIEW DRIVE
		CITY:			ANAHEIM
		STATE:			CA
		ZIP:			92808

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FREMONT GENERAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>c06096_3ax0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2010-07-08</periodOfReport>

    <dateOfOriginalSubmission>2010-07-13</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000038984</issuerCik>
        <issuerName>SIGNATURE GROUP HOLDINGS INC</issuerName>
        <issuerTradingSymbol>SGGH.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001495910</rptOwnerCik>
            <rptOwnerName>Ross Kyle</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>15303 VENTURA BLVD.</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1510</rptOwnerStreet2>
            <rptOwnerCity>SHERMAN OAKS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91403</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Executive Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Signature Group Holdings, Inc. common shares</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>93750</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Parents' Living Trust</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">This Form 3 is being amended to correct the amount of the previously reported indirect beneficial ownership by the living trust of Mr. Ross's parents.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Kyle Ross</signatureName>
        <signatureDate>2010-09-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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