UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15( d ) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 26, 2010
 
CRM Holdings, Ltd.
(Exact Name of Registrant as Specified in Its Charter)
 
Bermuda
(State or Other Jurisdiction of Incorporation)
 
001-32705   98-0521707
(Commission File Number)   (IRS Employer Identification No.)
     
P.O. Box HM 2062, Hamilton HM HX, Bermuda
   
(Address of Principal Executive Offices)   (Zip Code)
     
(441) 295-6689
(Registrant’s Telephone Number, Including Area Code)
     
 
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective April 26, 2010, Joseph F. Taylor, CRM Holdings’ Chief Financial Officer, has taken an indefinite leave of absence from CRM Holdings and its subsidiaries under the Family and Medical Leave Act. During the leave of absence, Mr. Taylor’s responsibilities will be assumed by other managerial and technical employees of the Company, and James J. Scardino, CRM Holdings’ Chief Executive Officer, will serve as Acting Chief Financial Officer.
 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
    CRM Holdings, Ltd.  
    (Registrant)  
     
April 27, 2010 /s/ James J. Scardino    
    James J. Scardino  
    Chief Executive Officer  
       
 
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