December Fire Losses

December Fire Losses

Fire damaged or destroyed an estimated $1,047,073,000 worth of property in the United States last year, the National Board of Fire Underwriters has reported. This is 0.9 per cent less than for 1958, when estimated monthly losses totaled $1,056,266,000.

According to Lewis A. Vincent, NBFU’s general manager, estimated losses for December totaled $96,444,000, an increase of 22.7 per cent from losses of $78,582,000, reported for November 1959, and a decrease of 4.1 per cent from losses of $100,523,000 reported for December 1958.

December Fire Losses

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December Fire Losses

Fire damaged or destroyed an estimated $1,056,266,000 worth of property in the United States last year, the National Board of Fire Underwriters has reported. This is 3.2 per cent more than that for 1957, when estimated monthly losses totaled $1,023,190,000.

According to Lewis A. Vincent, NBFU’s general manager, estimated losses for December 1958, totaled $100,523,000, an increase of 40.5 per cent over losses of $71,539,000, reported for .November 1958, and an increase of 9.8 per cent over losses of $91,519,000 reported for December 1957.

These estimated losses include an allowance for uninsured and unreported losses.