While not specific to the death care portion of their industry, A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) for the U.S. property/casualty subsidiaries of Assurant, Inc. The credit rating company has also affirmed the Long-Term Issuer Credit Ratings of Assurant at bbb+. Best continues that the outlook of these Credit…
I recently read an article from the South China Morning Post that you can read here. The article touches on the fact that the Jiangnan City Daily reported that about 400 villagers in Shangrao county of Jiangxi province were paid about 1,000 yuan (about $159) to have their caskets crushed. The article goes on to say that…
The death care branch of public company Security National Financial Corporation, Memorial Mortuaries and Cemeteries, was awarded two of the Best of State Awards in Utah recently. You can read about it in the company’s press release here. The Best of State Awards were presented in the categories of Best of State for Funeral Services…
Two years ago the Massachusetts Cape Cod community of Harwich approved the transfer of land to the cemetery commission to build a pet cemetery for the community. Roads and paths are being put in, landscaping has been done and the project even won an innovation award from the Massachusetts Municipal Association. Now, according to this…
Just last Friday we reported of a case that was in trial concerning the issue of six Mississippi black-owned funeral homes believing that they did not receive as many death calls, proportionately, from the coroner of Harrison County as white-owned funeral homes did. The plaintiffs were asking for $870,000 in damages for the years 2012-2016.…
BUSINESS
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
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…
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…
FINANCE
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,…
Milestone Funeral Partners adds funeral home acquisitions
According to the Milestone Funeral Partners website, which you can access here, and information placed on social media, the Maine-based funeral home operator and consolidator added four funeral home businesses to their number in the…
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
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
Park Lawn adds Memorial Gardens in Taos
According to this press release from Park Lawn Corporation, the funeral home and cemetery consolidator added what they call their Taos Memorial Gardens adjacent to their existing DeVargas Funeral Home in Taos, New Mexico.…
Green Burials. . . . . .The Resistance
Minnesota funeral director Scott Mueller is a proponent of “Green Burials”. Mueller makes a comment in this recent article from the Rochester (MN) Post-Bulletin titled “As interest in green burials grows, so does…
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…
Green Burials. . . . . .The Resistance
Minnesota funeral director Scott Mueller is a proponent of “Green Burials”. Mueller makes a comment in this recent article from the Rochester (MN) Post-Bulletin titled “As interest in green burials grows, so does…
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…
Hollywood Forever’s “High-Rise” mausoleum and “Premium” products may be the future of cemeteries
This information (with photos) from the Hollywood Forever Cemetery announces the opening of their recently completed Gower Mausoleum. Here’s a paragraph from the cemetery’s recent announcement: “Hollywood Forever is honored to announce the…
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…
