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

Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati

A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The …

HLDI: Safety Benefits Stack up From Driver Assistance Features

Vehicle safety technologies like automatic emergency braking, lane departure prevention and high-beam assist are reducing insurance claims, according to a new study. Safety benefits from these driver assistance features also increase as systems get bundled and updated, according to a …

LNG Supply Cut Further After Cyclone Hits Australian Plants

Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly Asian buyers reeling from the halt of shipments from Qatar. Karratha, the onshore …