Leadership

July Fire Losses

Issue 9 and Volume 105.

July Fire Losses Estimated fire losses in the United States during July amounted to $61,675,000, it was reported by the National Board of Fire Underwriters. According to Lewis A. Vincent, NBFU’s general manager, this $61,675,000 loss represents an increase of 18.1 per cent over losses of $52,220,000 reported for July 1951, and an increase of 5.3 per cent over losses of $58,585,000 for last June (1952). Losses for the first seven months of 1952 now total $466,328,000, an increase of 6.1 per cent over the first seven months of 1951. when they amounted to $439,661,000. These estimated losses under fire insurance policies include an allowance for uninsured and unreported losses.

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