Funeral Insurance

Pre-Arrangement Operations in the Cremation World

By Funeral Director Daily / December 15, 2017 /

Back in the 1990s as our State of Minnesota began allowing insurance policies to be a repository for pre-need funeral arrangement funding, many funeral homes, mine included, started insurance agencies in order to profit from the decision.  Since, Minnesota is a 100% trusting state, prior to that decision if a family gave you $5000 to…

A.M. Best Upgrades Great Western Insurance Credit Rating

By Funeral Director Daily / August 9, 2017 /

A press release from BusinessWire has indicated that the Great Western Insurance Company (GWIC) of Ogden, Utah, has had  A.M. Best upgrade their Long-Term Issuer Credit Rating to “bbb+” from “bbb”.  The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the Financial Strength Rating is stable. The…