Tag: funeral homes

Cemetery Regulations

The only thing harder to find in Malibu than a hotel room is a grave. . .

Malibu, California was incorporated into a city in 1991 and that led to a moratorium on new development that included, among other things, hotels.  So, Malibu has famously become known as a very tough place to get a hotel room. Back in 2015, however, a group known as Green Acres, LLC, began a push to put a cemetery on a 27.8 acre site that was once proposed for a hotel.  Recently that group has again been in the news, as […]

Business

We live in a different world

Recently Apple was named the sponsor of this year’s Super Bowl halftime show.  They will be replacing Pepsi, who has been the sponsor for several years.  It occurred to me, and it was not surprising, that this is the business of new “information technology” replacing the old standardized American “product innovation, manufacturing, distribution” business of days gone by.  Here is a short article about the change. It wasn’t the only “change” I noticed recently.  Just on Friday, we printed a […]

Finance

Service Corporation International opinion from Seeking Alpha

Last week the Valkyrie Trading Society wrote an article for Seeking Alpha entitled “Service Corporation International:  Feeling minimal pressures”.  You can access the article here. Here are three take-aways from that article: The themes are that COVID-19 pulled forward mortality, making 2020 and 2021 strong years for Service Corporation International. There is also commentary around reduced discretionary spending, which is affecting the very cash and margin generative pre-need business and merchandise and services. Nonetheless, the pressures are quite small and […]

Products Regulations

Newsom signs Human Composting bill, California becomes 5th state to legalize

Earlier this week California Governor Gavin Newsom quietly signed a bill that now becomes law which includes disposition of the dead human body via “human composting”.  According to this article from KABC Television of Los Angeles supporters say it’s an environmentally-friendly alternative to traditional end-of-life options. The law does not go into effect until 2027.  At this time, however, it marks California as the 5th state that has allowed Natural Organic Reduction (NOR) as a legal way of human disposition.  […]

Afternoon Edition

Wilbert publishes new “Cremation Choices Catalog”

Wilbert Funeral Services, Inc., (WFSI) the leading provider of burial vaults and cremation-related products and services in North America, is pleased to announce the launch of their new Cremation Choices Catalog on October 1st. Wilbert Merchandising Manager, Mike Devaney stated, “We are excited about the new expanded catalog. We are adding 80 new urns and mementos to our line of over 300 cremation products. Our goal is to give our licensee network and the funeral home customers they serve the […]

Finance Preneed

FDLIC acquires American Life and Annuity Company

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 release, “President and CEO of FDLIC Kris Seale and ALAC President Claude Holloway worked closely together to ensure a smooth transition process for both companies, […]

Finance

Anthem Partners makes 19 location acquisition

We learned last week via this press release that Anthem Partners, the Frisco, Texas, based owner and operator of funeral homes and cemeteries had acquired Serenity & Company Memorial Service.  According to the press release, Serenity & Company began in 2007 in Arkansas, but has expanded and now operates in Arkansas, California, Nevada, and New Mexico. The press release also states that Serenity & Company operates nine funeral homes and 10 cemeteries. Steven McDonald, who was the Chief Operating Officer […]

Business Regulations

The case for a free-market (funeral business) society

Last week I saw an article about the Fast Food Accountability and Standards (FAST) Recovery Act that has passed both houses of the California legislature and is awaiting a signature by Governor Gavin Newsome to make it a law.  Part of what that law would do is create a 10-person fast-food council with employee and restaurant representatives plus some state officials.  The council would then set industry-wide standards, including wages, working hours, and conditions in for-profit, privately owned restaurants. I […]

Finance

StoneMor announces acquisition of Illinois funeral home

StoneMor Inc., the Pennsylvania based operator of funeral homes and cemeteries announced the acquisition of Anderson Funeral and Cremation Services of Belvidere, Illinois, last week.  According to this press release from StoneMor, company CEO Joe Redling said of the acquisition, “StoneMor’s acquisition of Anderson Funeral and Cremation Services is a valuable strategic move for us in the northern Illinois market.  Anderson Funeral and Cremation Services has been serving the families of northern Illinois for many years and is a deeply […]

Products

The Living Casket??

In today’s morning edition of Funeral Director Daily we wrote about how fads can become trends which may eventually become traditions.  By coincidence we recently came across this article from Trend Watching which introduces their “Innovation of the Day”.  And that innovation is from the Netherlands and is known as the Living Cocoon, a biodegradable casket made of mycelium. You can learn more about, and see, the Living Cocoon here. Here’s what Trend Watching says of the Living Cocoon:  “It […]