Funeral Director Daily
I was reminded that Veteran’s Day 2019 is fast approaching as it is November 11. It is a day set aside to thank our nation’s veterans for service given and sacrifices made to protect the freedoms of our great nation. I recently came upon an article on how the Drennan & Ford Funeral Home in…
Read MoreA couple of weeks ago I wrote a column for Funeral Director Daily entitled, “How will we transform”? The article was based on the fact that Hillenbrand Industries, parent company of Batesville Casket Company, knows that its casket business will not be its bread and butter forever, and is transforming itself over time to a…
Read MoreAbout ten days ago we told you that Ballard-Sunder Funeral Home and Cremation in Jordan, Minnesota, was pursuing the idea of placing an alkaline hydrolysis unit in their business so that client families have a choice between flame cremation and alkaline hydrolysis – sometimes known as water or green cremation. According to this article, the…
Read MoreToday we will bring you a couple of stories we recently saw in the news pertaining to some things that are happening with a couple of 2nd generation New York state family funeral home operators. The first story deals with 27-year old Ryan Frary and his purchase of the Stuart-Fortune-Keough Funeral Home in Tupper Lake,…
Read MoreIn this release on Business Wire from the A.M. Best Company issued last week, the insurance ratings firm “has revised the outlook to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-term ICR) of a- of Funeral Directors Life Insurance Company (FDLIC) of Abilene,…
Read MoreEvery once in a while we hear stories of funeral homes being investigated for acts that would be contrary to the laws of their respective states. This weekend we happened to notice two such articles in newspapers that dealt with funeral homes potentially running afoul of the preneed laws of their state. The first article…
Read MoreOver the weekend I noticed two newspaper articles from small town newspapers that involved two separate funeral homes of different size and history. However, in reading the articles and doing a little research by going to the websites of the companies, I noticed something in common. What I noticed in common, quite frankly, has to…
Read MoreService Corporation International (SCI), the publicly traded acquirer and operator of funeral homes and cemeteries in North America is poised to report its 3Q 2019 results on October 30. Prior to that happening, we noticed this short report in Yahoo Finance entitled, “Will Service Corporations’s strategies help maintain momentum?”. The Yahoo Finance article concludes that…
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