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