Americans would rather talk about any subject than death

By Funeral Director Daily / September 15, 2022 /

Recently I came across this article from the Insurance NewsNet based on a survey from health insurer, Ethos.  The article was based on what traditionally taboo subjects would people be willing to talk about.  Turns out that 81% of the people were willing to talk about Money, but at the bottom of the list came…

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Assurant reports 3Q 2020

By Funeral Director Daily / November 18, 2020 /

In late October Assurant hinted that they will be divesting what they call their Global Preneed business.  That segment of their business consists of preneed funeral insurance products and Final Need insurance products. In reporting the company’s 3rd Quarter financial results, CEO Alan Colberg gave another hint as to the Global Preneed business potentially disappearing…

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Know your responsibilities with live streaming

By Funeral Director Daily / September 17, 2020 /

Every once in a while I read an article and I think to myself, “Wow, that should never have happened”.  However, if I’m honest with myself, I can see how that did happen and usually think about what my mom used to say, “If not for the grace of God, there go I”, because it…

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Assurant posts higher Preneed Sales and Profits

By Funeral Director Daily / November 9, 2018 /

Assurant Preneed, a component of Assurant, posted higher revenue and higher profits in their 3Q 2018 results that were made public after the market on Tuesday.  You can read the company’s press release on its earnings report here. Assurant, a member of the Death Care Index (DCI), operates a world-wide conglomerate composed of three segments…

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Life Insurer’s Council Reports on Preneed Sales

By Funeral Director Daily / August 28, 2018 /

In two different articles that you can find here and here, the Life Insurance Council (LIC) reported on the results of their study of 2017 Preneed activity.  The study found mixed results in that annual premiums for preneed life insurance was $1.3 billion – down 3% from 2016.  The study also found that multi-pay policies…

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Great Western earns Credit Rating Upgrade

By Funeral Director Daily / May 1, 2018 /

Earlier this year we told you of the acquisition of pre-need provider Great Western Insurance Company by the American Enterprise Group of Des Moines, Iowa.  As of April 25, 2018, A.M. Best has completed their ratings on Great Western Insurance Company post acquisition. A.M. Best has upgraded, in a report you can read here, the…

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Great Western Insurance Company to be Acquired

By Funeral Director Daily / January 9, 2018 /

In an article from the Think Advisor which you can read here it was reported that Ogden, Utah based pre-need life insurer Great Western Life Insurance is going to be acquired by American Republic Insurance of Des Moines, Iowa. Great Western is a privately held life insurance company, specializing in Pre-Need funeral insurance started by…

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