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

Verisk: Claims Volumes Fell to Five-Year Low in 2025 as Emerging Risks Intensify

Insurance claims volumes in the United States declined across most lines in 2025, but risks remain elevated as insurers navigate complex and concentrated claims, according to an annual report from Verisk. Claims volumes were lower in 2025 than 2024 across …

Millions of Rockstar Games Business Records Stolen, Hackers Say

A hacking group with a history of compromising major global corporations said it had stolen nearly 80 million business records from video game developer Rockstar Games, the maker of Grand Theft Auto. The claim was posted to the website used …

Albertsons Reaches $774 Million Opioid Accord

Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal. Due to the settlement, the company recorded a charge of about $600 million …