Funeral Director Daily

Added Service or Profit Center

By Funeral Director Daily / May 15, 2018 /

Every so often a product or service comes available in the funeral industry that many funeral homes would like to add to the repertoire of things that they do for the public.  One main thing to think about at this time is, “Do we offer this as a service” or “Do we charge additional for…

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Will the Workforce Be There

By Funeral Director Daily / May 14, 2018 /

On Friday I was lucky enough to get to go through what has became one of the funnest days of the year for me.  For the 4th straight year I was selected via my position on the University of Minnesota Board to participate in the commencement exercises for the school’s graduates of Mortuary Science program.…

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A Transformational Time

By Funeral Director Daily / May 11, 2018 /

Today we bring you a short, less than 3 minute video, and article that you can access here that has the CEO of death care conglomerate InvoCare speaking on why he believes it “is a transformational time” in the industry.  CEO Martin Earp, speaking with CNBC, talks of the major shift on how people are…

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Where are the Opportunities?

By Funeral Director Daily / May 10, 2018 /

I spent three days last week at my annual funeral professional/death care professional golf event that I have attended almost every year since first being invited in 1991.  From my count, there are about 130-144 invited guests that enjoy three days with each other in an atmosphere of fellowship and friendship. Most of the talk…

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Park Lawn completes Signature Deal

By Funeral Director Daily / May 9, 2018 /

At the close of business Monday, May 7, Park Lawn Corporation announced that it had completed its announced purchase of Signature Funeral and Cemetery Investments, LLC (the Signature Group) for approximately US$123 million.  You can read the press release from Stockhouse here. According to Park Lawn CEO Andrew Clark, “With the acquisition of Signature Group,…

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Funeral Service Round-Up

By Funeral Director Daily / May 9, 2018 /

When looking at today’s column I noticed that there was a lot of small tid-bits in the news about funeral service and I decided to give you readers the option of reading what you wanted to instead of having me dictate one article to you.  Here are four articles that I have commented on briefly…

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A.M. Best Affirms Assurant Pre-Need Carrier Ratings

By Funeral Director Daily / May 8, 2018 /

In a release from A.M. Best that you can read here the company has affirmed the Financial Strength Rating (FSR) and the Long-Term Credit Ratings (ICR) of the life and health subsidiaries of Assurant, Inc.  The FSR rating was affirmed at A- (Excellent) and the ICR rating was a-.  The company’s outlook was listed as…

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Illinois County Coroner Holding Remains for Fees

By Funeral Director Daily / May 8, 2018 /

Adams County Coroner James Keller has came up with a controversial policy concerning the payments for indigent services in his county.  You can read about the situation from NBCChicago.com here. The story relates how Coroner Keller has the family sign over the rights for the deceased to his office.  He then cremates the deceased and…

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Colorado Body Parts Bill up for Vote

By Funeral Director Daily / May 7, 2018 /

Colorado lawmakers are expected to vote today on a bill that will make owning a mortuary or crematory and also owning a body broker business at the same time illegal.  You may have been following the happenings at Sunset Mesa Funeral Directors of Montrose, Colorado, this past winter that has prompted this action. According to…

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Hllenbrand Reports 2Q 2018, Batesville Revenues Increase

By Funeral Director Daily / May 7, 2018 /

Hillenbrand Industries reported 2nd quarter results last week.  Hillenbrand, long known as the parent company of Batesville Caskets, has been, of late, driven by its entry into the Processed Equipment arena.  The company reported a net loss for the quarter which was the result of taking a $63 million dollar charge against the carrying value…

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