Funeral Director Daily

How COVID-19 death care can affect the economy in many ways

By Funeral Director Daily / May 27, 2020 /

Today (which is Tuesday-as I usually write these columns a day ahead of time) in Minnesota is a warm, humid morning with threats of rain.  I usually take a run every morning and because of the weather I did so indoors on the treadmill while flashing the television between CNBC and Fox News. The television…

Carriage Services reports First Quarter 2020

By Funeral Director Daily / May 26, 2020 /

A short time ago Carriage Services, the Houston, Texas, based funeral home and cemetery operator announced they would delay their First Quarter 2020 financial results so that they could also report cornavirus related April results and May trends.  It is interesting to note that their First Quarter report that you can access here is titled,…

Happy Memorial Day. . .a Minnesota story

By Funeral Director Daily / May 25, 2020 /

If you have read my blog for any length of time you will know that I love holidays.  I love the religious holidays like Christmas and Easter and look forward to those days for what they mean to my spiritual life.  I also love those days because several years ago I took it upon myself…

Catching up with Batesville and Assurant

By Funeral Director Daily / May 22, 2020 /

Hillenbrand Industries, parent company of Batesville Casket Company and Assurant, the financial services company that counts it Global Preneed business among its three divisions both reported financial results during early May and we now bring you those results. Batesville Casket, which represents about 20% of the total revenue of Hillenbrand Industries reported an increase of…

A Memorial Day like no other

By Funeral Director Daily / May 22, 2020 /

Monday will bring Memorial Day to those of us in the United States.  It is a day like none other.  Not only does it serve as the weekend when summer begins, but it ultimately is the day all Americans should solemnly, sometime during the day, ponder and give thanks to all who were willing to…

COVID-19, funeral directors, and a viewpoint from one of our colleagues north of the border

By Funeral Director Daily / May 21, 2020 /

I recently came across this article from Toronto Life.  It is excellent . . . you should read it.  I found it heartwarming, compassionate, and sincere — it is about a funeral director and a funeral home trying to give care in the throes of the COVID-19 pandemic. Here’s a quote from the article which…

Is StoneMor bouncing back?

By Funeral Director Daily / May 20, 2020 /

StoneMor, Inc., the Pennsylvania based funeral home and cemetery operator reported their First Quarter of 2020 results last week.  These results cover the period from January 1 to March 31, 2020.  You can see a summary of the report here. The company operates 319 cemeteries and 88 funeral homes in the United States and Puerto…

News funeral professionals can use

By Funeral Director Daily / May 19, 2020 /

Funeral Director Daily has compiled some timely information on webinars in the industry and other information that you may be able to use. Webinar:  Weathering the Perfect Storm.  This free webinar is brought to you by Funeral Directors Life Insurance Company (FDLIC).  According to FDLIC you will “hear from investment analyst and CEO of Parkway…

Michigan bill seeks to expand licensing requirements for funeral directors

By Funeral Director Daily / May 19, 2020 /

According to the Mackinac Center for Public Policy a bill has been introduced in the Michigan Legislature that would expand licensing requirements for funeral home directors.  The bill, House Bill 4437, is sponsored by Rep. Rodney Wakeman R-Saginaw Township and would require anyone practicing mortuary science to get a bachelor’s degree from select universities and…

Propel Funeral Partners reports 9 months of 2020

By Funeral Director Daily / May 18, 2020 /

Propel Funeral Partners, the Australian and New Zealand based operator of funeral homes and crematoria, reported last week that their revenue for the latest 9 month period had been AUS $ 85.0 million ($55.25 m in U.S. $) as compared to AUS $69.9 million (US$ 45.24 m) for the prior year.  That is a 22%…