Tag: preneed insurance

Afternoon edition:  lots of news. . . finance, cemetery, coroner race, funeral home sold, more
Uncategorized

Afternoon edition: lots of news. . . finance, cemetery, coroner race, funeral home sold, more

As we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers.  And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging from a body potentially buried in the wrong spot to a coroner’s race pitting two funeral directors against each other. Read the stories. . . […]

Security National reports 3Q and 9-month 2019 financials
Finance

Security National reports 3Q and 9-month 2019 financials

Security National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently.  You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million in 2018 during the same period.  They report, however, that their Cemetery/Mortuary revenue for the 3rd quarter is down in 2019 to $3.57 million from […]

Assurant Posts Operating Loss of $76.3 Million for 3rd Qtr
Finance

Assurant Posts Operating Loss of $76.3 Million for 3rd Qtr

A net operating loss of $76.3 million was reported by global conglomerate Assurant yesterday.  While two – Global Lifestyle and Global Preneed – of their three operating units posted profits, they were far outweighed by the losses in the Global Housing segment to produce the loss.  The Global Housing unit loss of $110.3 million was principally the result of Hurricanes Harvey, Irma, and Maria and the Mexico City earthquake. Interesting notes that we found in the report from Assurant, which […]