Risks Build As Health Club Sector Booms Evolution from muscle clubs to family-centers create new exposures
The next time you see some Wall Street master of the universe closing a huge merger deal on his cell phone while working out on the treadmill, be aware youre witnessing a health club underwriters worst nightmare.
Americas fitness craze just keeps getting crazier, with the health club industry sporting 14 percent growth last year, according to the International Health Racquet and Sportsclub Association in Boston, Mass.
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