Leadership

May Fire Losses

Issue 7 and Volume 94.

May Fire Losses May fire losses in the United States were $25,637,000, according to an estimate made by the National Board of Fire Underwriters. These estimated losses, under fire insurance policies, are on an incurred basis including an allowance for unreported and uninsured losses. This total is an increase of nine per cent over the losses in May last year, while it shows a decline of thirteen per cent from the total for April of this year. The aggregate for the first five months of this year, however, in comparison with the same period last year, shows a decline of nearly eight per cent.

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