Funeral Director Daily
It should not surprise anyone that in a state of approximately 75% cremation services that a State Assemblyman is pushing forward a bill introducing Alkaline Hydrolysis as a legal form of cremation. According to the Las Vegas Review-Journal Assemblyman Nelson Araujo of Las Vegas has introduced Assembly Bill 205 which would legalize the process. The process is…
Fox News 31 – Denver is reporting that a natural funeral home, offering green alternatives for the end of life, plans to open its doors in Old Town Lafayette, Colorado in June. According to owner Prescott Knock, The Natural Funeral: Living Arts Center will be the first of its kind in Colorado. The business will…
An article written in Australia’s The Guardian points out that after a six month test the Salvation Army will be entering the funeral business on that continent. Salvo (short for Salvation) says that after doing about 90 services in their six month trial they will be starting up and operating in the New South Wales…
According to CBS article a recent survey by the Funeral Consumer Alliance and Consumer Federation of America shows that funeral and cremation pricing at establishments owned by funeral giant Service Corporation International are, in general, higher than independently owned funeral establishments. It seems to us at Funeral Director Daily that we seem to see news…
Today we introduce the Funeral Director Daily “Death Care Index” or DCI of the public equity markets. The DCI will consist of six publicly traded companies that deal in the funeral, cremation, cemetery, and pre-need industries and are publicly traded. The companies, which we will describe below, include Matthews International, Service Corporation International, Carriage Services,…
A recent article by NBC News Business has highlighted the seemingly rapid trend in the funeral/cremation business. That trend, becoming somewhat popular among the baby boomer generation, is celebrating the life of the deceased with alcohol at the wake/visitation or post funeral. Funeral firms are searching for just the right way to offer this type…
Assurant, Inc., parent company of Assurant Pre-Need, has received a rating of A (Excellent) in its Financial Strength Rating (FSR) according to a note in Business Wire of March 2, 2017. Best also affirmed the FSR rating of A- (Excellent) for the life and health subsidiaries of Assurant. According to the article Assurant’s ratings recognize…
