Tag: funeral planning

Business Cremation Regulations

The Heart of America

We are coming up on Memorial Day weekend.  For me it is always a time for reflection on the good that America has done over the years on the world stage and a time to honor and respect those that were willing to put their lives on the line for others.  That duty has always been that heart or fabric of what America is. However, there is another side of America that isn’t always respected or cared for and I […]

Preneed

Mail on Sunday article calls Safe Hands Plans “a disgrace”

According to this article from This is Money (Great Britain) the Safe Hands Plans funeral preneed fund “went under six weeks ago”.  Taking information from an article in the Financial Mail on Sunday, it suggests that over 47,000 plan holders are left with the potential of zero balances in their trust funds that were supposed to pay for their funeral services after death. According to the This is Money article linked above “An independent actuarial report, prepared by Zenith Actuarial […]

Business Products

Johnson Consulting to host “Data Driven Decision” webinar

There is an old song released in April 1981 and sung by Barbara Mandrel entitled, “I was Country when Country wasn’t cool”.  I have to admit that when I entered my freshman year of college at Texas Christian University in September of 1976  I started hearing music that resonated with me. . . .Waylon Jennings, Jerry Jeff Walker, Willie Nelson. . . artists that I had never heard of in Minnesota at that time.  Circumstances led me back to Minnesota […]

Afternoon Edition

Life expectancy, funeral choice, and the effects on revenue

Yesterday Funeral Director Daily published an article about cemeteries and in that article we made the assertion that the COVID experience of 2020 will probably have some type of long-term effect on funerals going forward.  That statement was made mostly in reference to what has happened with funeral attendance due to the social distancing practices that have been imposed from place to place. It’s been my experience that when an individual is forced to change a habit, sometimes that forced […]

Business Preneed Regulations

Weekend Edition: SCI receives economic development aid, a difference of opinion in Winnipeg, a preneed ratings downgrade

It is somewhat unbelievable to me how fast we have moved from Memorial Day to Labor Day, but here we are.  Among the American debate, many schools are opening, the election is soon here, and the one constant is that those in the funeral profession continue to give comfort and guidance to those in need. Today’s edition brings you three features including plans by Service Corporation International to greatly expand its New Orleans based accounting operations, a funeral home owner […]

Preneed

Can you find some extra cash-flow in Preneed

In the last couple of months or so I’ve heard from funeral home owners, or heard on a webinar, that the loss of revenue on a per case basis has been anywhere from about 9% to almost 40% in North America.  Even the public companies, such as Service Corporation International and Carriage Services, acknowledged in their latest quarterly reports that their revenues per case have dropped over 8%. It is almost universally believed and recognized that this drop in per […]

Cemetery Preneed

Better late than never

In the news last week was a story of deceased New York state firefighter Anthony Fatale and the delayed legacy of his life.  Fatale had died two years ago in 2018 at the age of 70. Fatale was single, an Air Force veteran,  and a member of the Nyack Fire Department, who many colleagues say was “larger than life”.  David Gottlieb of Empire Hook & Ladder Company No. 1 had this to say according to an article and video that […]

Preneed

Have you planned your pre-need marketing?

I noticed yesterday when I drove past the local fairgrounds that everything was getting set up for our county fair.  I then realized, wow, it is the middle of August and fair time already. For many of us in the upper midwest fair time signifies harvest and the start of another school year just around the corner come Labor Day.  Back when I was operating a funeral home, it also signified that it was time to ramp up the pre-need […]

Preneed

Funeral Directors Life downgraded to Negative Outlook

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 company’s generally steady operating earnings, driven by somewhat modestly growing preneed premiums.  A.M. Best does, however, view the company’s business profile as limited and concentrated […]

Uncategorized

The Funeral — Ceremony or Celebration??

So, one of the great things of growing older and living for six decades is that you gain perspective.  I started to think of that over the weekend when I both celebrated an anniversary and learned of the news of Sen. John McCain’s death and the funeral arrangements for singer Aretha Franklin.  Angie and I discussed how our perspectives on many things have changed as the years have gone by since we were married. Hearing of Sen. McCain’s death brought […]