Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
  2. Issuer Name and Ticker or Trading Symbol
International Coal Group, Inc. [ICO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
95 WELLINGTON STREET WEST, SUITE 800
3. Date of Earliest Transaction (Month/Day/Year)
12/17/2010
(Street)

TORONTO, ONTARIO, CANADA, A6 M5J 2N7
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
Shares of Common Stock, $0.01 par value (?Shares?) 12/17/2010   S   22,577,800 D $ 7.26 22,577,788 I See footnote (1)

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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
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, CANADA, A6 M5J 2N7
    X    
WATSA V PREM ET AL
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, CANADA, A6 M5J 2N7
    X    
1109519 ONTARIO LTD
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, CANADA, A6 M5J 2N7
    X    
SIXTY TWO INVESTMENT CO LTD
1600 CATHEDRAL PLACE
925 WEST GEORGIA ST
VANCOUVER, BC, CANADA, A1 V6C 3L3
    X    
810679 ONTARIO LTD
95 WELLINGTON STREET WEST
SUITE 800
TORONTO, ONTARIO, CANADA, A6 M5J 2N7
    X    
TIG INSURANCE CO
250 COMMERCIAL STREET
SUITE 5000
MANCHESTER, NH 03101
    X    
ODYSSEY AMERICA REINSURANCE CORP
300 FIRST STAMFORD PLACE
STAMFORD, CT 06902
    X    
CLEARWATER INSURANCE CO
300 FIRST STAMFORD PLACE
STAMFORD, CT 06902
    X    
UNITED STATES FIRE INSURANCE CO
305 MADISON AVE.
MORRISTOWN, NJ 07962
    X    
NORTH RIVER INSURANCE CO
305 MADISON AVE.
MORRISTOWN, NJ 07962
    X    

Signatures

 /s/ V. Prem Watsa, Chairman and Chief Executive Officer   12/17/2010
**Signature of Reporting Person Date

 /s/ V. Prem Watsa   12/17/2010
**Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   12/17/2010
**Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   12/17/2010
**Signature of Reporting Person Date

 /s/ V. Prem Watsa, President   12/17/2010
**Signature of Reporting Person Date

 /s/ John J. Bator, Chief Financial Officer and Senior Vice President   12/17/2010
**Signature of Reporting Person Date

 /s/ Kirk M. Reische, Vice President   12/17/2010
**Signature of Reporting Person Date

 /s/ Kirk M. Reische, Vice President   12/17/2010
**Signature of Reporting Person Date

 /s/ Dennis J. Hammer, Senior Vice President and Controller   12/17/2010
**Signature of Reporting Person Date

 /s/ Dennis J. Hammer, Senior Vice President and Controller   12/17/2010
**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) Following the transactions reported herein, 22,577,788 Shares are held by subsidiaries of Fairfax, including 5,930,229 Shares held directly by TIG Insurance Company, 10,483,840 Shares held directly by Odyssey America Reinsurance Corporation and 1,405,125 Shares held directly by Clearwater Insurance Company. Following the transactions reported herein, neither United States Fire Insurance Company nor The North River Insurance Company holds any Shares.

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