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Hugh Hefner got another slap in the face from his former fiancé Crystal Harris on Tuesday. Harris auctioned off the engagement ring Hef gave her less than a year ago for less than half of the item’s original price. The 3.4 carat diamond ring went up on the block at Christie’s in New York and ended up fetching just $38,000 dollars. Hef paid $90,000.

We’ve heard of legs being insured, even hands and voices but Hugh Hefner’s ex Holly Madison has just added to that category. Madison recently applied for a million-dollar policy on her breasts with Lloyds of London, and they approved it. I bet she’ll be first in line for the belly-flopping contest at the next Playboy pajama party.

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Hugh Hefner is one savvy business man. Crystal Harris may have called off the wedding but Hef’s turning the whole situation into marketing gold. He made a last minute decision to amend the cover of the July issue of Playboy that features Harris wearing Hef’s signature smoking jacket. Giant stickers have been slapped across it that read “Runaway Bride in This Issue.”

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