prepaid funerals
With the Christmas holiday coming up this weekend Funeral Director Daily will not be publishing on Thursday or Friday of this week. As usual, there is plenty in our industry to tell you about, but with the limited days and multiple stories we thought we would just use this afternoon to give you some teasers…
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We continue to roll out the earnings reports of the public death care companies and today is no exception. Today we tell you about one of the quieter companies that is starting to make a name for themselves as they grow. That company is Utah based Security National Financial Corporation (SNFC) and divisions of the…
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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…
Read MoreIn a press release that we received last week from Insurance News Net we learned that Transamerica Insurance has partnered with Everest Funeral Package, LLC to provide “a new funeral concierge benefit at no direct cost for qualifying life insurance policyholders.” The press release goes on to say that this “Concierge Planning Rider” will provide…
Read MoreSecurity National Financial Corporation (SNFC) is a diverse, but integrated company. They are diverse in that they have three distinct segments – Mortgages, Life Insurance, and Cemeteries/Mortuaries – under their umbrella. They are an integrated company in that all segments report together to bring a bottom line to the company. And, the integration was good…
Read MoreAssurant defines itself as “a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases”. The company released its 2nd Quarter 2020 results on Tuesday, August 4, and in doing so reported a Net Income of $173.5 million, which is up 24 percent from the same period in 2019. …
Read MoreAs we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers. And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging…
Read MoreWe have learned that Homesteaders Life Company is offering a free webinar on Friday, July 10, to take place at 11 am Eastern Time, 10 am Central Time. The webinar is entitled “Bouncing Back after COVID-19 — Strategies to heal and thrive in life and business“. You can learn more about the webinar and register…
Read MoreSecurity National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently. You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million…
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