by Adam Daigle | Acadiana business editor Good morning, Acadiana business news readers. Hope your holiday was time well-spent. It's business news time here. So you know what that means. One of the largest development firms in New Orleans, whose high-profile projects have included the $530 million Four Seasons Hotel at the foot of Canal Street, has faced some serious "sticker shock" when it comes to its insurance premiums in the last couple years. But unlike the average resident or mom-and-pop business, Woodward Design + Build has managed to find a self-insurance option that is available only to an elite few. The company, which employs about 200 people and has annual revenue in the neighborhood of $300 million, recently joined two group captive insurance programs—basically exclusive self-insurance clubs—in an effort to bring its premiums under control. Check out the full story here. Have a great rest of your week and thanks for reading. |