Funeral Director Daily
Every day people around the world dream of owning their own business and having the ability to be in charge of their own destiny. It is the way capitalism and the freedom to invest in your dream works. However, sometimes a partner is necessary to help a budding entrepreneur make the reach for a down…
It is earnings time for public companies and today we are reporting on what Service Corporation International reported in their 1st Quarter report of 2018. You can see their complete press release, including financial information, here. In essence, Tom Ryan, SCI’s CEO, made the following statements: “. . .earnings per share growth of 9 cents…
On Tuesday, April 24, publicly owned death care industry company, Carriage Services, announced its 1st Quarter 2018 results. You can read their press release with financials included here. The company announced record revenues of $73.4 million for the quarter. That is a 7.7% increase over the same period of a year ago. Funeral Director…
Recently I was reading a business plan of a public company funeral home consolidator and when talking about how they look at the pre-need market, they mentioned that they look at Pre-Need as a “defensive posture” for holding on to call volume. That was interesting to me because I have always looked at Pre-Need as…
While not specific to the death care portion of their industry, A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) for the U.S. property/casualty subsidiaries of Assurant, Inc. The credit rating company has also affirmed the Long-Term Issuer Credit Ratings of Assurant at bbb+. Best continues that the outlook of these Credit…
I recently read an article from the South China Morning Post that you can read here. The article touches on the fact that the Jiangnan City Daily reported that about 400 villagers in Shangrao county of Jiangxi province were paid about 1,000 yuan (about $159) to have their caskets crushed. The article goes on to say that…
The death care branch of public company Security National Financial Corporation, Memorial Mortuaries and Cemeteries, was awarded two of the Best of State Awards in Utah recently. You can read about it in the company’s press release here. The Best of State Awards were presented in the categories of Best of State for Funeral Services…
Just last Friday we reported of a case that was in trial concerning the issue of six Mississippi black-owned funeral homes believing that they did not receive as many death calls, proportionately, from the coroner of Harrison County as white-owned funeral homes did. The plaintiffs were asking for $870,000 in damages for the years 2012-2016.…
