Leadership

November Losses Continue Upward

Issue 1 and Volume 102.

November Losses Continue Upward Fire losses in the United States began their annual winter climb during November, totalling $52,949,000, an increase of 2 per cent over losses of $51,845,000 recorded in October, according to estimates announced by W. E. Mallalieu, general manager of the National Board of Fire Underwriters. November’s losses brought the total fire destruction for the year to date to $641,717,000, an increase of 2.7 per cent over losses of $624,274,000 for the first 11 months of last year. On the basis of these figures, destruction by* fire throughout the United States may break all records during 1948. Losses so far this year are just $50,918,000 less than the record breaking $692,635,000 loss reported for the United States during 1947. The losses during November were 3 per cent higher than losses of $51,346,000 recorded during the same month in 1947. Destruction by fire during the past 12-month period…

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