We learned late last week in this press release that Funeral Directors Life Insurance Company (FDLIC) of Abilene, Texas, acquired the American Life and Annuity Company (ALAC) of Hot Springs, Arkansas. According to the press release “effective immediately, FDLIC will work to support existing ALAC policyholders and Arkansas funeral homes”. Again, according to the press…
Propel Funeral Partners, the public company that owns and operates funeral homes, cremation facilities, cemeteries, and related infrastructure in Australia and New Zealand, announced their Fiscal Year 2022 (FY22) results in late August, and did so by showing growth all across their reporting numbers. The company that began in 2012 with 278 funeral services reported…
Service Corporation International (SCI) has agreed to provide up to $209 million in refunds to settle a federal class-action lawsuit alleging it deceived 87,000 Florida customers who purchased its prepaid plans according to this article from last week from Yahoo News. According to the article SCI Direct (formerly called Neptune Society Management Corporation) was named…
It is our custom at Funeral Director Daily to post the top-read stories of the past 30 days at the middle of every month. Just in case you missed one or two of them. . here they are. In addition we are putting out some information for that you may find useful pertaining to the…
One of the few positives to come out of the Covid-19 pandemic may be the way that funeral directors were perceived by the public. There’s no doubt that during the pandemic funeral directors were seen as unselfish heroes in many communities for the way they handled the high number of deaths. And it may be,…
BUSINESS
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
New York’s Green-Wood Cemetery becomes more immersive
This recent article from the Smithsonian Magazine mentions that “Brooklyn’s Green-Wood Cemetery—a sprawling, hilly burial ground filled with tombstones from the 19th and 20th centuries—has long been a destination for more than the dead.…
Is there something to learn here?
I’ll admit that I’m not the most tech savvy person when it comes to knowing how the internet and artificial intelligence might benefit my funeral home. But, I’m also a business person who is…
FINANCE
Despite management upheaval, Park Lawn acquisitions keep rolling along
It was only a month ago, on April 15, that Funeral Director Daily published this article titled “Park Lawn Corporation update: Dodds also reported to be leaving”. The sudden departure of Park Lawn Corporation…
Rollings Funeral Service adds Michigan funeral home to the fold
In a recent press release Rollings Funeral Service, a privately held funeral home operator based in Peachtree City, Georgia, announced a partnership with the O’Brien-Sullivan Funeral Home. Here’s part of the press release as…
Carriage Services Earnings Call: Look for an acquisition announcement . . . and back to the basics in building market share
Last week Carriage Services reported their 1st Quarter of 2026 Financial Results and also conducted their Earnings Call with stock analysts. You can read Funeral Director Daily’s article on the 1Q26 earnings here. Today,…
REGULATIONS
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
California county sees fit to restrict Natural Organic Reduction (NOR) remains
Over the last month or so we have followed a growing discontent in Fresno County, California, and specifically an area along the San Joaquin River about the process of Natural Organic Reduction (NOR) remains…
Harvard business professor: Time to pay funeral expenses of organ donors
According to this recent article authored by Alex Chan of the Harvard Business School and Kurt Sweat of The School of Public Health at the University of Texas Southwest Medical Center “In the U.S.,…
CEMETERY
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
New York’s Green-Wood Cemetery becomes more immersive
This recent article from the Smithsonian Magazine mentions that “Brooklyn’s Green-Wood Cemetery—a sprawling, hilly burial ground filled with tombstones from the 19th and 20th centuries—has long been a destination for more than the dead.…
SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing
Service Corporation International reported on their 1st Quarter of 2026 about ten days ago and then followed that up with an Earnings Call with stock analysts that follow the company. As usual Funeral Director…
CREMATION
Price: Calculated by Supply and Demand
I’m not an economics major but I know that the price I can charge for my goods or services is somewhat dictated by the supply and demand of those goods and services. Is that…
Are we asking the right question?
Over my years as an active funeral director I would be called to the place of death and eventually ask the family before I left, “Are you thinking about burial or cremation?” If you’re…
Heating homes with cremation emissions: An ethical question?
Energy transfer is not a new science. Yet I was surprised when I read this recent article published in The World – Public Radio that was titled “How cremations are helping to heat…
PRENEED
SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing
Service Corporation International reported on their 1st Quarter of 2026 about ten days ago and then followed that up with an Earnings Call with stock analysts that follow the company. As usual Funeral Director…
Survey finds continued growth in the Preneed market . . but, there are cracks in the armor
Preneed continues to grow. . . .but is the growth enough? That is a great question and, among other things, we will look at the percentage growth of preneed on a “revenue per preneed…
Park Lawn situation: In Substack article, author Russo opines on the events of last week
On Monday of this week Substack, under their “On Deathcare” platform released a very well researched article by author Tony Russo titled, “Why are we still pretending Homesteaders is ‘just’ a Park Lawn investor?”…
PRODUCTS
California county sees fit to restrict Natural Organic Reduction (NOR) remains
Over the last month or so we have followed a growing discontent in Fresno County, California, and specifically an area along the San Joaquin River about the process of Natural Organic Reduction (NOR) remains…
Parting Stone hires former customer and industry award recipient, continues march forward with funeral home partners
Parting Stone, the pioneer in solidified remains, announced last week in a press release that they have hired the 2025 recipient of the National Funeral Directors Association (NFDA) Inspiration Award, Katey Houston, “. .…
Batesville makes investment in Eterneva, will “leverage” client relationships
Last week Batesville announced in this press release that they had “made an equity investment in Eterneva and formed a strategic partnership with the company to expand access to custom memorial diamonds.” Batesville also…
