At the close of business Monday, May 7, Park Lawn Corporation announced that it had completed its announced purchase of Signature Funeral and Cemetery Investments, LLC (the Signature Group) for approximately US$123 million. You can read the press release from Stockhouse here. According to Park Lawn CEO Andrew Clark, “With the acquisition of Signature Group,…
When looking at today’s column I noticed that there was a lot of small tid-bits in the news about funeral service and I decided to give you readers the option of reading what you wanted to instead of having me dictate one article to you. Here are four articles that I have commented on briefly…
In a release from A.M. Best that you can read here the company has affirmed the Financial Strength Rating (FSR) and the Long-Term Credit Ratings (ICR) of the life and health subsidiaries of Assurant, Inc. The FSR rating was affirmed at A- (Excellent) and the ICR rating was a-. The company’s outlook was listed as…
Adams County Coroner James Keller has came up with a controversial policy concerning the payments for indigent services in his county. You can read about the situation from NBCChicago.com here. The story relates how Coroner Keller has the family sign over the rights for the deceased to his office. He then cremates the deceased and…
Colorado lawmakers are expected to vote today on a bill that will make owning a mortuary or crematory and also owning a body broker business at the same time illegal. You may have been following the happenings at Sunset Mesa Funeral Directors of Montrose, Colorado, this past winter that has prompted this action. According to…
BUSINESS
A transition in leadership at Foundation Partners Group
We learned late last week that CEO Kent Robertson was leaving cremation centered acquisition group and operating company Foundation Partners Group and also learned that the interim management of the Orlando, Florida, based…
Technology will be/is here for your funeral home
A pager that allowed me out of the funeral home. . . .telephone transfers that allowed death calls to be “transfered” to one’s home phones. That’s about the extent of technology when I…
Batesville named one of America’s “Most Trustworthy” companies
A recent press release from Batesville give us information that the company has been named to “Newsweek’s list of Most Trustworthy Companies in America for 2024.” According to the press release “Batesville achieved…
FINANCE
SCI’s 1Q24 results point out some Death Care headwinds
Service Corporation International (SCI) reported their 1st Quarter 2024 financial results last week. North America’s largest death care provider did show an increase in revenue of 1.6% to about $1.045 billion for the…
A transition in leadership at Foundation Partners Group
We learned late last week that CEO Kent Robertson was leaving cremation centered acquisition group and operating company Foundation Partners Group and also learned that the interim management of the Orlando, Florida, based…
Eirene receives $4 million in seed funding, expands into the United States
It was announced in this recent Pulse 2.0 article that Canada’s online-operated cremation provider Eirene has recently received over $4 million in seed funding led by Relay Ventures with participation from at least two…
REGULATIONS
Federal Trade Commission bans “Non-Compete” agreements
“This rule affects every segment of the American economy and in a simple 3-2 vote destroys billions of dollars in value that employers have spent in compensation for a covenant not to compete”. …
Dignity, care, and respect. . . bringing the fallen home
On Saturday night I was at a movie, came home and turned the television on to catch the news and learned of the missile bombardment of Israel that Iran took responsibility for. Now,…
Might the Baltimore Bridge collapse cause a “funeral tax” in Maryland?
A week ago today I woke up to the news of the collapse of the Francis Scott Key Bridge in Baltimore Harbor. It wasn’t so long ago that I was in Baltimore…
CEMETERY
County governments seem to have lots of problems, are human remains another one?
Funeral Director Daily recently learned through this article from Public Media for Central Pennyslvania that Centre County will be building a 160-unit columbarium in Zion, Pennsylvania, to house urns that have went…
America’s military cemeteries face financial backlog for upkeep and improvements
Kansas United States Senator Jerry Moran recently testified at a United States Senate Veterans Affairs Committee meeting that “When mourning a death the last thing a grieving family needs is some bureaucratic hurdle…
Looking outside the grave for cemetery revenue
Back almost three years ago in July 2021, Funeral Director Daily brought you this story of how a renewable energy company, Verogy, had put a 7,000 panel solar energy farm inside a…
CREMATION
Because that’s where the money will be. . . .
Again today I’m building off some of the impressions that my friend, Rolf Gutknecht of LA Ads – A Marketing Agency had during his time at the recent ICCFA Convention in Tampa. As…
Eirene receives $4 million in seed funding, expands into the United States
It was announced in this recent Pulse 2.0 article that Canada’s online-operated cremation provider Eirene has recently received over $4 million in seed funding led by Relay Ventures with participation from at least two…
County governments seem to have lots of problems, are human remains another one?
Funeral Director Daily recently learned through this article from Public Media for Central Pennyslvania that Centre County will be building a 160-unit columbarium in Zion, Pennsylvania, to house urns that have went…
PRENEED
Take Ring Ring Marketing for a Test Drive
When it comes to technology I am a confessed “Novice”. And personally, with Social Media I am pretty quiet too. . . . or maybe my life is dull enough that none of…
Cash is King. . . .make sure that you turn your services into cash
Last week Funeral Director Daily published this article titled “Know your customer — How’s their credit”. That article delved into the American consumer credit profiles and why, before extending credit, you needed to…
Know your customer — How’s their credit?
The American economy keeps spending, yet we hear that families are getting squeezed by the combination of high prices and high interest rates. We also hear that high interest rates don’t seem to…
PRODUCTS
Technology will be/is here for your funeral home
A pager that allowed me out of the funeral home. . . .telephone transfers that allowed death calls to be “transfered” to one’s home phones. That’s about the extent of technology when I…
Because that’s where the money will be. . . .
Again today I’m building off some of the impressions that my friend, Rolf Gutknecht of LA Ads – A Marketing Agency had during his time at the recent ICCFA Convention in Tampa. As…
Batesville named one of America’s “Most Trustworthy” companies
A recent press release from Batesville give us information that the company has been named to “Newsweek’s list of Most Trustworthy Companies in America for 2024.” According to the press release “Batesville achieved…
