Nearly Three Billions in Fire Loss in Ten-Year Period

Nearly Three Billions in Fire Loss in Ten-Year Period

The aggregate property loss from fire in the United States in the ten years ending December 31, 1944, was approximately $3,000,000,000 according to the annual report just issued by the Committee on Statistics and Origin of Fires of the National Board of Fire Underwriters. Matches and smoking continued to be the worst offender in starting fires and property losses.

In pointing out that the loss of $437,273,000, in 1944, was the greatest since 1931, the report adds: “Periods such as the past few years with great industrial expansion, with inflated values and emphasis upon speed of output, naturally produce higher losses in terms of dollars, but we cannot at this time determine the relative loss, adjusted to fluctuations in commodity prices and variations in the amount of property exposed to loss, as the necessary data arc not yet available.”

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