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Total Cost of Fire in the United States
The National Fire Protection Association (NFPA) released a new report called Total Cost of Fire in the United States. The report says that between 1980 and 2007, after adjusting for inflation, the total cost of fire in the United States increased by 86 percent.
The complete total cost of fire is defined as the sum of economic loss (e.g., property damage, business interruption), human loss (e.g., lives lost, medical treatment, pain and suffering), and the cost of provisions to prevent or mitigate the cost of fire (e.g., fire departments, insurance, and fire protection equipment and construction).
Source: National Fire Protection Association (NFPA).
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