Leadership

July Fire Losses

Issue 9 and Volume 108.

July Fire Losses Estimated fire losses in the United States during July amounted to $61,614,000, the National Board of Fire Underwriters has reported. According to Lewis A. Vincent, NBFU’s general manager, this $61,614,000 loss represents a decrease of 11 per cent over losses of $69,532,000 reported for July, 1954, and a decrease of 13 per cent from losses of $70,828,000 for last June (1955). Losses for the first seven months of 1955 now total $531,371,000, an increase of 1.1 per cent over the first seven months of 1954, when they amounted to $525,522,000. These estimated losses include an allowance for uninsured and unreported losses.

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