So they've hired Willis to figure out their "strategic alternatives" (another way of saying "find a buyer - fast!"). This of course raises the question that any potential buyer will ask: Why should I pay money for something that comes free from the tap?
Meadowlark has no franchise value without the "A" rating from Best. All of the best clients will leave them in an instant for underwriters where the security is stronger, and MIG will be left with the #$%$. Just makes the condition of its loss reserves that much more questionable. It's a downward spiral. In medial terms, the company is CTD (circling the drain).