pre-arranged funerals

Carriage Services announces national preneed partnerships

By Funeral Director Daily / May 22, 2023 /

    It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business.  In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…

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Is it time for a Preneed registry?

By Funeral Director Daily / December 8, 2022 /
lowering casket into ground

I recently read this story in the Buffalo (NY) News that is entitled, “Two men planned what would happen after their deaths.  Why did they end up in unmarked graves?”  The story documents the plights of two men who, by most death care experts opinion, did everything that they should have done about their future deaths…

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Is Great Britain the proverbial “canary in the coal mine” for future U.S. death care purchases?

By Funeral Director Daily / August 10, 2022 /

This recent public relations press release indicating that a shift in attitudes of people in Great Britain about how people want to “Say Goodbye” to their loved ones makes one wonder if that shift will find its way across the Atlantic Ocean to the United States. One report found that “sales of direct cremation plans…

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Premier Preneed adds training videos

By Funeral Director Daily / July 6, 2022 /

According to a press release from the company, Premier Preneed Marketing, a preneed marketing company that offers funeral homes throughout the United States a comprehensive product portfolio to meet both their financial objectives and marketing needs, has announced that the company has recently developed a series of training videos on the topic of preneed.  These…

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U.S. Life Insurers pay out record $90.43 billion in 2020

By Funeral Director Daily / December 17, 2021 /

This article that appeared in Newser indicates that American life insurance companies paid out death benefits totaling about $90.43 billion dollars in 2020 – the first year of America’s battle with Covid-19.  It also indicates that was a 15.4% increase over death benefits paid out in 2019, prior to the Covid-19 pandemic situation. The article…

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Is SCI’s value in their “float”?

By Funeral Director Daily / June 2, 2021 /

I’m a fan of Warren Buffett and his company, Berkshire Hathaway.  Matter of fact, I enjoy reading his annual shareholder letter because it just doesn’t tell how his businesses are doing, it explains to the reader why he is in those businesses and how he makes money for his shareholders. Back in 1936 a gentleman…

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Policygenius says “Life insurance prices continue to be stable”

By Funeral Director Daily / May 20, 2021 /

Life insurance rates, at least for the time being, are holding stable regardless of the excess deaths due to Covid-19 in 2020.  A recent press release from Policygenius, that you can access here, says that “The May index shows life insurance pricing stability, despite an increase in the U.S. death rate evident in data recently…

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StoneMor CEO Joe Redling: “We’re targeting. . acquisitions of both cemeteries and funeral homes in our existing markets”

By Funeral Director Daily / May 19, 2021 /

StoneMor, Inc. released its 1st Quarter financial results on May 13 and with it announced that they had completed their private offering of $400 million in Senior Notes.  There seems to be no doubt that the refinancing and operational results reported in the May 13 report have lifted the spirits of the company. Here’s what…

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Canada’s Eirene teams with Assurant for online pre-pay option. . more news to know

By Funeral Director Daily / April 8, 2021 /

Toronto based cremation provider Eirene announced last week in this announcement that they would be teaming up with Assurant Life of Canada (ALOC), an affiliate of Assurant Inc., to allow for Canadians to be able to pre-pay for cremations online as part of their estate planning.  Eirene bills itself, on their website as, “High quality,…

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Afternoon Edition: Smith Family Funeral Homes acquires insurance company

By Funeral Director Daily / October 12, 2020 /

Smith Family Funeral Homes of North Little Rock, Arkansas announced last week that they have acquired American Home Life Insurance Company, also of North Little Rock.  Interestingly enough, American Home Life Insurance Company was founded by the grandfather of Smith Family Funeral Homes current President Jeff Smith. Smith was quoted in this article from Arkansas…

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