A press release from A.M. Best that you can read here has revised the outlook to negative from stable for Funeral Directors Life Insurance Company of Abilene, Texas. The rating change also states that the negative outlook reflects the company’s “ERM” or enterprise risk management. The release also maintains that the company’s metrics “reflect the…
Read MoreA lot happened at the end of last week in the Death Care industry and we will try to give you just a little idea of that as we catch up from over the weekend. StoneMor Partners, L.P. announced in this press release that they will be announcing a corporate transition from a Master Limited…
Read MoreAccording to this article in the Minneapolis Star Tribune , in a ruling made public on Wednesday, a judge upheld a citation by the Minnesota Department of Health that fined a Minnesota funeral home $5000 for, among other things, storing crates of applesauce in the funeral home’s preparation room. Again, according to the newspaper, a…
Read MoreAccording to an article from the United Kingdom’s Telegraph which you can read here, funeral director Catherine Powell encountered a family a few years ago that explicitly said all they wanted was a cremation with the ashes returned to them. Nothing more. Powell complied and the customer was very pleased. Powell remembers thinking that if…
Read MoreBUSINESS
Content planning to boost a funeral home’s online presence
Boosting Your Funeral Home’s Online Presence: An Action Plan for Content That Engages and Builds Trust In today’s digital world, a funeral home website is far more than a static brochure. It’s the…
FINANCE
HIllenbrand Industries sold
Since they sold Batesville in February 2023, Hillenbrand Industries has been out of the Death Care business. But, if you are a long-time member of the Death Care community the name Hillenbrand has…
Another private equity purchase on the horizon?
There is a lot happening in the Death Care world. . . especially when it comes to Death Care businesses changing hands. We recently learned that Funeral Partners, one of Great Britain’s largest…
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
REGULATIONS
Veteran Cemeteries will continue with burials. . . but what is open and closed on a government shutdown
Tomorrow is the last day of the federal government’s fiscal year. That is not necessarily a big deal except that the new federal budget year begins on Wednesday and as I write this on…
Indiana Court: “Death Doula” does not need a funeral director license
According to this issue of the Indianapolis Star an Indiana court of appeals ruled in late August that the State of Indiana “violated the First Amendment rights of a Fort Wayne “death…
Funeral Directors are heroes
The beginning of a recent article on the ASD Blog, authored by Jessica Farren, had a quote without, to my knowledge, an author’s acknowledgement. I will post it here with no acknowledgement…
CEMETERY
CREMATION
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
Can independent funeral home operators undercut “wannabe” national cremation providers on price?
The question posed in the headline is interesting. What is happening in Great Britain may be a precursor of what could happen in North America about the billing amount to consumers for the…
PRENEED
Preneed companies emerge as funeral home lending sources
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life…
Co-op Funeralcare increases “Funeral Plan” sales over 17% despite cyberattack
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to…
Acquiring client families — “Any Which Way You Can”
As so often happens in my world I’ve had some real life and/or businesses experiences or discussions in the last week or ten days that has made me think about Death Care. And,…
PRODUCTS
News for the Profession
News from Suppliers and Practitioners that you can use. . . . From a Press Release from Foveo : Foveo Memorial Services Inc. (“Foveo) and Tukios, one of the profession’s leading…
News for the Profession
Sunset continues to redefine their process of finding assets for families. They recently announced that they have a new website that makes the search for assets even easier. Sunset is a free service…