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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Continental Insurance Group, Ltd. 		2. Issuer Name and Ticker or Trading Symbol

NOVATEL WIRELESS INC [ MIFI ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
Member of 10% group
(Last)          (First)          (Middle)

505 HUNTMAR PARK DR., SUITE 325 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/17/2016
(Street)

HERNDON, VA 20170
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   (1) 3/17/2016     P    3709094   A $1.59   11473799   I   By Continental General Insurance Company and United Teacher Associates Insurance Company   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
( 1)  The shares of common stock were purchased from HC2 Holdings 2, Inc., the indirect 100% shareholder of United Teacher Associates Insurance Company ("UTAIC") and Continental General Insurance Company ("CGIC"), pursuant that certain securities purchase agreement, dated March 17, 2016.
( 2)  The securities of the Issuer reported herein are held directly by UTAIC, 8,338,270 shares, and CGIC, 3,135,529 shares. UTAIC and CGIC are direct wholly owned subsidiaries of Continental Insurance, Inc., and UTAIC and CGIC are indirect wholly owned subsidiaries of Continental Insurance Group Ltd.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Continental Insurance Group, Ltd.
505 HUNTMAR PARK DR., SUITE 325
HERNDON, VA 20170
X
Member of 10% group
Continental Insurance, Inc.
505 HUNTMAR PARK DR., SUITE 325
HERNDON, VA 20170
X


Signatures
Continental Insurance Group, Ltd. By: /s/ James Corcoran, Executive Chair 3/21/2016
** Signature of Reporting Person Date

Continental Insurance, Inc. By: /s/ James Corcoran, Executive Chair 3/21/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Novatel Wireless, Inc. (NASDAQ:MIFI)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Novatel Wireless, Inc. Charts.
Novatel Wireless, Inc. (NASDAQ:MIFI)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Novatel Wireless, Inc. Charts.