FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * BRONFMAN MATTHEW   2. Issuer Name and Ticker or Trading Symbol James River Group, INC [JRVR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) __X__ Other (specify below) Manager of JRG Seven, LLC (Last) (First) (Middle) 300 MEADOWMONT VILLAGE CIRCLE, SUITE 333 3. Date of Earliest Transaction (Month/Day/Year) 08/12/2005 (Street) CHAPEL HILL, NC 27517 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.01 per share               14,371 D   Common Stock, par value $0.01 per share               87,854 I By Bronfman Associates III Common Stock, par value $0.01 per share               1,632,688 I By JRG Seven, LLC (1) Common Stock, par value $0.01 per share               6,500 I By Matthew Bronfman Long Term Trust (2) Common Stock, par value $0.01 per share 08/12/2005   P   2,000 A $ 18 2,000 I By Matthew Bronfman's Wife

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BRONFMAN MATTHEW 300 MEADOWMONT VILLAGE CIRCLE SUITE 333 CHAPEL HILL, NC 27517	X	X		Manager of JRG Seven, LLC
JRG Seven LLC C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018		X
Edgar M Bronfman Non-IDB Trust A under the 1942 EMBT Donation dated May 1 1942 C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust B under the 1942 EMBT Donation dated May 1 1942 C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust C under the 1942 EMBT Donation dated May 1 1942 C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust D under the 1942 EMBT Donation dated May 1 1942 C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust E under the 1942 EMBT Donation dated May 1 1942 C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust F under the 1942 EMBT Donation C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee
Edgar M Bronfman Non-IDB Trust G under the 1942 EMBT Donation C/O HOLTZ RUBENSTEIN REMNICK LLP 1430 BROADWAY, 17TH FLOOR NEW YORK, NY 10018				Trustee

Signatures

/s/ E. Caperton Thomas, Attorney-in-Fact		07/13/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Matthew Bronfman is the manager of JRG Seven, LLC, but disclaims any beneficial ownership of any equity securities held by JRG Seven, LLC.
(2)	Matthew Bronfman disclaims beneficial ownership of all common stock held by the Matthew Bronfman Long Term Trust.
Remarks: See Exhibit 99 - Joint Filers

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