Funeral Director Daily

Moodys upgrades Carriage Services. . . . can you find savings in financing?

By Funeral Director Daily / February 26, 2021 /

Upon the heels of a very profitable quarter and yearly report of funeral and cemetery consolidator Carriage Services, Moody’s Investor Services last week raised the credit rating of the company as you can see in this article here.  A better credit rating should drive down borrowing costs for Carriage Services and, according to the Year…

The importance of permanent memorialization

By Funeral Director Daily / February 25, 2021 /

The pyramids in Egypt were built to give permanent memorialization to the rulers of that land.  The tomb of the 13th Disciple to Christ, Matthias, can be seen to give credence to his life.  George Washington, known by many as the Father of America has a burial site at his Mount Vernon home. However, there…

The death at home movement gains steam during the pandemic

By Funeral Director Daily / February 24, 2021 /

Where a person dies does have an effect on funeral home operations.  One simple effect you can see is that of two person removal teams to homes rather than a one-person removal being done at a hospital or nursing home where there is always facility staff help if needed.  This recent article from the Associated…

Carriage Services reports 2020 year. . . shows the trends

By Funeral Director Daily / February 23, 2021 /

In a press release that you can read here you can find out that Houston, Texas, based funeral home and cemetery consolidator Carriage Services recorded record results not only for the 4th Quarter of 2020 but for the full year of 2020 as well.  Not only did Carriage Services record these record financial results, they…

Service Corporation services jump 14% in 2020

By Funeral Director Daily / February 22, 2021 /

Service Corporation International reported both their 4th Quarter 2020 and Full Year 2020 reports last week.  Among the interesting items that you can find in the report, that can be accessed here, is that their total number of services increased from 319,616 in 2019 to 364,312 in 2020. . . .that’s an increase of 13.98%.…

Taking a stand and doing the right thing. . . InvoCare and domestic violence

By Funeral Director Daily / February 19, 2021 /

Sometimes it is difficult to take a public stand on an issue.  You might feel strong one way or another, but you know that taking a public stance could possibly hinder the amount of business that you do.  It is pretty evident in America right now that if you flew a Trump 2020 flag in…

Changing the Paradigm

By Funeral Director Daily / February 18, 2021 /

Last week Foundation Partners Group issued a press release through Cision PR Newswire that you can read here.  The release dealt with some of the company’s ten year history in that it has grown into a company with nearly 160 locations serving over 75,000 families annually. Another thing that the release shouted was that Foundation…

Rep. Ocasio-Cortez: “Funeral expenses haunted and followed my family . . . for years”

By Funeral Director Daily / February 17, 2021 /

A couple of weeks ago we brought our readers this article where Senate Majority Leader Chuck Schumer and New York Congresswoman Alexandria Ocasio-Cortez were hopeful that the COVID-19 relief bill passed in December would bring funeral re-imbursements to many who lost loved ones to the pandemic. At that time they were hopeful that some of…

Assurant reports. . . . Preneed seems to be “up in the air”

By Funeral Director Daily / February 16, 2021 /

Worldwide insurance conglomerate Assurant reported both its 4Q 2020 and its Full Year 2020 results last week.  The company reports in three distinctive segments — Global Housing, Global Lifestyle, and Global Preneed. The total Earned Premiums of the entire company for the Full Year 2020 combined to $9.52 billion which is a better than 2%…

Netflix premiers “Buried by the Bernards”

By Funeral Director Daily / February 16, 2021 /

A television show about the goings on in a funeral home is nothing new.  I can remember the shows “Family Plot” and “Six Feet Under”.  Last Friday night, Netflix premiered the newest franchise in funeral television when they aired the first episode of “Buried by the Bernards“.  This article and video shows the family having…