Author: Funeral Director Daily

Alleghany Capital completes Wilbert acquisition
Finance

Alleghany Capital completes Wilbert acquisition

Alleghany Capital Corporation of New York City, New York, announced on April 1, in a release you can read here from Yahoo finance, that it had completed its acquisition of the majority of stock of Wilbert Funeral Services, Inc. of Overland Park, Kansas. Wilbert, a name synonymous with the death care industry since its start in 1880, operates through company owned locations and a network of nearly 200 licensees that manufacture and distribute Wilbert branded products throughout the United States […]

Checking up on the DCI — down about 34% year to date
Finance

Checking up on the DCI — down about 34% year to date

It’s been a while since Funeral Director Daily has updated its proprietary Death Care Index or DCI.  While not a scientific weighting of public company death care stocks it does give some semblance to what the investment community is thinking about the funeral, cemetery, crematory, and preneed services business community and the direction that they are heading. The DCI is comprised of eight public companies and its value is derived at by looking at what the total aggregate value of […]

Weekend Update:  Our colleagues on the front lines
Business

Weekend Update: Our colleagues on the front lines

Earlier this week a national reporter called me to ask some questions about COVID-19 and how it might relate to the funeral industry as more and more deaths occur.  My prediction on the services front was that even if we hit the range of 100,000 to 240,000 deaths that the administration is now predicting, that is an annual increase of between 3% and 8% over America’s annual 2.8 million annual deaths.  So, it is something that I believe America’s death […]

Today’s information for funeral professionals
Products Regulations

Today’s information for funeral professionals

Again, during this COVID-19 pandemic we want to thank our readers for continuing to disseminate information that is helpful to the death care profession.  Here are a couple of items that we have for you today. Webinar: How to continue to serve client families remotely.  This webinar is scheduled for Wednesday, April 8 at 2 pm Eastern Time – 1 pm Central Time.  It is hosted by Corey Tullier, a licensed funeral director and key account representative at CRaKN.  Over […]

Teaching old dogs new tricks
Business

Teaching old dogs new tricks

The old saying is that you “Can’t teach an old dog new tricks”.  Well, I think after this week that I am living proof that statement definitely does not hold water. You see, this week I watched four webinars on what is happening in funeral service and the death care industry.  That, in itself, for a 62-year old, 35 year veteran of the profession is a new trick!  I have been used to learning from going to seminars and reading. […]

Important updates for funeral professionals
Regulations

Important updates for funeral professionals

Thanks to all of our readers who have passed on information that they have found in our daily updates concerning death care professionals and news they need to know about the COVID-19 situation we are reaching more and more people who can use the information.  When you see an update that you believe can be used please pass it on to those who may benefit from it. World Health Organization (WHO):  Infection Prevention and Control for the safe management of […]

Funeral Directors helping funeral directors
Preneed Products

Funeral Directors helping funeral directors

When a crisis comes upon you – you have a choice.  You can shudder in a corner or you can face it and do all you can to be part of the solution.  I believe that funeral professionals and funeral business suppliers are those that want to be part of the solution. In that vein we bring you this news video and article from KTAB Television in Abilene, Texas, about what pre-need funeral insurance and death care solutions company Funeral […]

Information updates for death care professionals
Regulations

Information updates for death care professionals

We just want to give a huge thank you to our subscription list across the world.  Each day during the COVID-19 situation we are trying to get out information, that may be pertinent to you in your own situation, about the pandemic as it relates to the death care profession.  We are so thankful that so many of you are passing along our lists of valuable information to others in the profession. Personally, I have been able to watch three […]

Park Lawn reports 2019 results, Brad Green named Interim CEO
Finance

Park Lawn reports 2019 results, Brad Green named Interim CEO

Park Lawn Corporation (PLC), the Toronto based funeral home and cemetery consolidator and operator, reported their 2019 financial results on Monday after trading hours.  The company showed mixed results by increasing their revenue by 51% to $244 million (all dollar numbers are in Canadian dollars unless otherwise indicated) but only generating an additional 2.3% in Net Earnings for the year. You can see a press release on PLC’s 2019 results here.  You can access their complete 2019 Financial Report here. […]

More timely information for funeral service
Business

More timely information for funeral service

Yesterday while I was sheltering in place I was able to watch and be informed from two webcasts in the funeral industry.  We know at Funeral Director Daily that we can use our subscription power – and your help in passing along the information – to get the word out on best practices in the industry during the COVID-19 situation. I was pleasantly surprised on both the technical quality and the knowledge quality from the webcasts I watched.  One was […]