Funeral Director Daily
Matthews International is a company that according to this rating action from Fitch, collects 45% of its revenue from its Memorialization Segment and also brings home approximately 60% of its EBITDA from that source. As you may know, Matthews International is the parent company of Aurora Casket and Matthews Cremation and other death…
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In an effort to help alleviate some of the worker shortages in the funeral home profession the State of Minnesota Legislature passed what is known as the “Transfer Care Specialist” category for funeral homes this past session. That category of workers became effective on July 1 and is now in effect. In…
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A rallying cry for colonists in pre-independent America was “No taxes without representation”. That basically referred to the act of taxing the colonies through British laws where colonists had no say, or vote, in the matter. However, most people don’t realize that one of the last indignities for this growing independence movement was…
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The University of Nebraska is evidently facing a $58 million budget shortfall for the coming season and ideas to eliminate it are coming forward. One such idea mentioned in this article, proposed by Nebraska regent Barbara Weitz, is to build a columbarium under the football field where departed fans can have their cremated…
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In the last couple of weeks Funeral Director Daily has noticed three companies involved in the Death Care business being under review. You can read a short commentary from either Fitch Ratings or A.M. Best on the following companies: Matthews International Heritage Life Insurance Company Homesteaders Life Insurance Company Enter your…
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The Funeral Director Daily Death Care Index (DCI) which consists of five stocks that deal in Death Care in some way continued to move lower in the 2nd Quarter of 2024 which ended last Friday. As a matter of fact, the only stock in the DCI that moved forward in the 2nd Quarter…
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It was almost impossible last week to live in the United States and not know or hear about the Presidential Debate between President Joe Biden and former President Donald Trump. Even if you didn’t want to know it was happening, you knew anyway because it dominated the news and announcements on almost every…
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I received the July 2024 edition of The Director and read many of the articles. One that interested me was authored by Curtis Rostad and was titled “Prices vs. The Internet”. I enjoyed the entire article and think the author makes a great point, but what really captivated me was his perception that almost…
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Homesteaders Life Insurance Company of Iowa has been in the news a lot lately. The preneed company that issued its first policy for final expenses in 1906 most recently announced in this press release that they have formed a partnership with Gather’s case management platform. According to the press release, “The new…
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Only a few years ago Dan Garrett of the United Kingdom founded the will writing company Farewill in that country. He estimates that his company has moved, via estates, a wealth transfer of more than 100 billion pounds of assets. He’s moved on to also start a firm in Direct Cremation with “Farewill…
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