October Fire Losses
Fire losses in the United States during October were $30,833,000, according to an estimate made by the National Board of Fire Underwriters. These estimated losses, under fire insurance policies, are on an incurred basis including an allowance for unreported and juninsured losses.
October was the eighth successive month in which fire losses were higher than for the corresponding month in the previous year. The October loss is higher than that of any month since February, 1940. It was $8,742,000 or forty per cent, greater than that of September, 1941. For the first ten months of this year the loss is $12,870,480 greater than for the corresponding period last year.
If you are a current subscriber,login hereto access this content.
If you would like to become a subscriber, please visit ushere.
