February Fire Losses

Issue 4 and Volume 102.

February Fire Losses Destruction of property by fire in the United States during February is estimated at $62,424,000, a seasonal increase of 7.8 per cent over losses of $57,926,000 for January this year, it is announced by W. E. Mallalieu, general manager of the National Board of Fire Underwriters. February’s fire losses showed a 12.7 per cent decrease from the losses of $71,521,000 recorded in February last year. The fire losses declined in January, 1949, also, dropping 8.1 per cent from the level of a year ago. Fire losses for the year to date now total $120,350,000, an average rate of destruction of $2,039,830 a day since January 1. For the 12 months period ending F’ebruary 28, the total estimated fire loss is $696,933,000, a decrease of 1.1 per cent from losses of $705,739,000 for the 12months period ending February 29, 1948. These estimated fire and lightning losses under fire…

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