global
knowledge
and leadership
for Property
Claims.

Member
Benefits

Upcoming
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

Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk

Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …

Bessent Says Hormuz Ships Insurance Program to Start Soon

Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered …

Crypto ‘Insurance’ Might Not Protect You From Theft

When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase’s response? …