February Fire Losses

Fire in the United States caused an estimated loss of $213 million in February, an increase of some $11 million above the February 1972 total, according to estimates of the Insurance Services Office. The February figures bring the estimated fire losses for the first two months of 1973 to $431 million, an increase of $31 million—or 9 percent—above the first two months of 1972.

ISO reported that its estimate of the fire loss is based on losses reported by individual insurance companies plus an allowance for losses not covered by insurance.