Leadership

March Fire Losses

Issue 5 and Volume 110.

March Fire Losses Estimated fire losses in the United States during March amounted to $104,565,000, the National Board of Fire Underwriters has reported. According to Lewis A. Vincent, NBFU’s general manager, this $104,565,000 loss represents an increase of 17.1 per cent over losses of $89,315,000 reported for March 1956, and an increase of 9.4 per cent from losses of $95,569,000 for February 1957. Losses for the first three months of 1957 now total $315,406,000, an increase of 16.7 per cent over the first three months of 1956, when they amounted to $270,328,000. These estimated losses include an allowance for uninsured and unreported losses.

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