global
knowledge
and leadership
for Property
Claims.

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Benefits

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Events

About
The Lea

Vision & Mission

Founded over 85 years ago, the Loss Executives Association provides a forum for discussion, study and consideration of common loss adjustment problems to explore options and alternatives. It is the LEA’s belief that a better understanding of such problems is the ultimate goal of the educational process.

Stephen P. Cronin, Jr. Memorial Award

Each year, the Loss Executives Association (LEA) presents the Stephen P. Cronin, Jr. Memorial Award to a deserving member. This prestigious award exemplifies their outstanding service and dedication to the Association with their donation of time, skill and expertise in the property claims profession.

Education

The Loss Executives Association provides substantial benefits to both its Regular and Associate members. The LEA is dedicated to investing in the future and developing expertise for property claims professionals. Most Regular members are senior property claims professionals with significant expertise and decades of experience in the business.

News

The Field Inspection Gap: A Growing Structural Risk in Claims Handling

In property/casualty claims, the initial inspection does more than document damage. It establishes the foundation for how the claim will be evaluated, reserved and ultimately resolved. When that inspection is incomplete, rushed, or performed without sufficient expertise, the effects rarely …

Hanwha Aerospace Explosion Kills Five Workers, Lee Orders Probe

An explosion at Hanwha Aerospace Co.’s manufacturing facility in South Korea on Monday killed five employees, prompting President Lee Jae Myung to order a full investigation. Hanwha Group said it had set up an emergency response headquarters and was working …

Starbucks to Take AI Usage into Account in Tech Workers’ Bonuses

Starbucks Corp. is tying most tech workers’ bonuses to how much they’re using artificial intelligence as the coffee chain seeks to improve efficiency. A quarter of bonuses paid to tech employees will be pegged to department-wide goals that include AI …