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U S Fire Losses Reach Record In 1947 Nationwide
The United States economy faced its worst fire year in 1947 with losses totaling 692.6 million dollars, according to the National Board of Fire Underwriters. December losses rose 76 percent from 1946, and the year exceeded Great Britain’s wartime damage. Factors include inflation, material shortages, and a building boom raising the value at risk.
MENTIONED IN THIS ARTICLE
Dolar Tas
San Francisco
Great Britain
National Board of Fire Underwriters