Leadership

May Fire Losses

Issue 7 and Volume 104.

May Fire Losses Estimated fire losses in the United States during May were $58,744,000, it was announced by Lewis A. Vincent, general manager of the National Board of Fire Underwriters. This is a decrease of .03 per cent from losses of $58,765,000 reported for May, 1950, and a decrease of 6.7 per cent from losses of $62,965,000 reported for April, 1951. Losses for the five months of 1951 now total $331,038,000, an increase or seven per cent over the first five months of 1950. These estimated losses under fire insurance policies include an allowance for uninsured and unreported losses.

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