March Fire Losses
Estimated dollar losses caused by fire in the United States totaled $173,913,000 in March, the National Insurance Actuarial and Statistical Association reported.
This was an increase of 11.8 percent over the March 1968 figure of $155,582,000 and an increase of 16.6 percent over the February 1969 total of $149,117,000, which was somewhat lower than the average for recent months.
Losses for the first quarter of 1969 totaled $502,500,000, an increase of 11.1 percent compared to losses of $452,281,000 for the first three months of 1968.
These estimated losses include an allowance for uninsured and unreported losses. NIASA noted that its estimates of fire losses do not include forest fires, automobile fires and other occurrences of the kind not usually covered by fire insurance policies.