Funeral Director Daily
A net operating loss of $76.3 million was reported by global conglomerate Assurant yesterday. While two – Global Lifestyle and Global Preneed – of their three operating units posted profits, they were far outweighed by the losses in the Global Housing segment to produce the loss. The Global Housing unit loss of $110.3 million was…
Read MoreThe United States Department of Labor published rates on the rising cost of death as their October 31 piece in the Economics Daily platform. From here you can see the full article with a graph which indicates some of the following: From December 1986 to September 2017 funeral expenses rose 227.1% In that same time…
Read MoreIn the world of the Millennials we should have expected this to come sooner or later. On October 18, 2017, a video game where you play as a mortician was introduced to the general public. Developed by Laundry Bear Games, the game is A Mortician’s Tale and you can read all about it and even see…
Read MoreLast Friday, October 27, StoneMor Partners L.P., finally reported its earnings from the 1st Quarter of 2017 which ended on March 31, 2017. As reported earlier the Partnership is continuing to work on its delayed filing of periodic reports with the SEC. You can read the full report of last Friday from StoneMor here. Here…
Read MoreFor the last century most funeral homes have tried to be all things to all people. Full service funeral homes have offered funeral services, embalming, cremation, and any other type of service that a client family asked for and usually were able to serve that family through their traditional funeral home building. Originally there were…
Read MoreToday we will bring you some excerpts from the second part in Reuters five-part series entitled “The Body Trade: Cashing in on the Donated Dead”. As we mentioned in our last article on the subject this is an explosive series that found, what they believe, to be a lot of problems with the business of…
Read MoreService Corporation International announced their 3Q 2017 results on October 25. The company, based in Houston, Texas – much like Carriage Services – announced that the results were somewhat skewed by the hurricanes that happened during the quarter and affected some of their locations in Texas and Florida. In SCI’s case, they announced in their…
Read MoreFollowing the close of business yesterday Carriage Services announced their 3rd quarter results. After a short note that two of their large market areas, Florida and Texas, were affected greatly by Hurricanes Irma and Harvey – which they contend more than likely affected results. Here are some of the notes from the report, which can…
Read MoreMany of you in the death care industry were probably sideswiped yesterday when Reuters first part in its investigative series on what it terms “The Body Trade” was released. This expose – which Reuters tell us will be a five-part series – will tell of the underworld nature of what happens, in some instances, with bodies…
Read MoreProbably over 20 years ago I read the book, Swim with the Sharks, by Harvey Mackay. I thought it was a great read with a lot of common sense that I have used over the last 20 years in my business career. It was also interesting to me because Mackay was a local guy who…
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