Leadership

The September Fire Loss

Issue 16 and Volume 62.

The September Fire Loss During the month of September the fire losses in the United States and Canada, as carefully compiled from records, totaled $14,101,990, as compared with $12,244,625 in the corresponding month of 1916. The table following presents a comparison of losses by months for the first nine months of this year with the same period in 1916, together with losses for the balance of last year: Of the sixteen fires credited with having caused an estimated property damage of $200,(K)0 and over, the following worthy of special mention: Western lumber losses were a contributing factor in the September increase and the aggregate for the year so far means poor annual statements for the fire insurance companies, as they are confronted with heavier resources on account of increased business and lower security values. The campaign by conservation organizations to reduce the fire loss has so far not had an…

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