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SBD/December 4, 2012/People and Pop Culture
Ann Wells Crandall Leaving NYRR After 12 Years To Join Pac-12 Enterprises
Published December 4, 2012
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INSURANCE FIGHT: The WALL STREET JOURNAL's Matthew Futterman reported the NYRR and its insurers have been "waging a pitched battle the past four weeks over how much money race organizers will be able to reclaim in the wake of last month's canceled New York City Marathon." At stake in the negotiations "is the financial health of one of the country's foremost athletics clubs, as well as some $15 million in nonrefundable entry fees that runners paid when they registered for the race earlier in the year, plus millions more paid in ticket sales and sponsorships." New York Financial Services Superintendent BENJAMIN LAWSKY has "stepped in to try to mediate a settlement in recent days" (WALL STREET JOURNAL, 12/3).