June Fire Losses
Estimated fire losses in the United States during June amounted to $77,867,000, the National Board of Fire Underwriters has reported.
According to Lewis A. Vincent, NFBU’s general manager, this $77,867,000 loss represents a decrease of 13.5 per cent from losses of $90,048,000 reported for June 1958, and a decrease of 4.6 per cent from losses of $81,597,000 for May 1959.
Losses for the first six months of 1959 now total $560,866,000, a decrease of 3.5 per cent from the first six months of 1958, when they amounted to $581,235,000.
These estimated losses include an allowance for uninsured and unreported losses.