James A. McIntyre

Exhibit 99.1

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Carpinteria, CA 93013

December 7, 2011

Master Fund

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New York, N.Y. 10017

Attn:  ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

Dear ▇▇▇▇▇▇▇:

I have decided to exercise my rights, under paragraph 10 of the Solicitation Agreement of July 14, 2011, to terminate all of my obligations under that Agreement, including, but not limited to, my agreement to (1) be a director nominee of the Group described therein; and (2) participate in the solicitation of proxies by or for the Group for the election of directors at shareholder meetings of Signature Group Holdings, Inc.

Sincerely,

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cc:	▇▇▇▇▇▇ ▇▇▇▇▇▇▇ via fax ▇▇▇-▇▇▇-▇▇▇▇ and electronic mail
	▇▇▇▇▇▇ ▇▇▇▇▇▇▇ via electronic mail
	▇▇▇▇ ▇▇▇▇ via electronic mail