May Fire Loss
Fire losses in the United States during May were $29,297,000, according to the estimate given out by the National Board of Fire Underwriters. These estimated losses, under fire policies, are on an incurred basis, including an allowance for unreported and uninsured losses.
The loss in May was 14 per cent less than in April and 26 per cent more than in May, 1942. The losses for the first five months were nearly $11,000,000 more than for the corresponding period in 1942.