July Fire Loss
Fire losses in the United States in July were $25,016,000, according to the estimate given out by the National Board of Fire Underwriters recently. These estimated losses, under fire policies, are on an incurred basis, including an allowance for unreported and uninsured losses.
The loss in July was seven per cent less than in June and nineteen per cent more than in July, 1942. The losses for the first seven months were $24,000,000 more than for the corresponding period in 1942.