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

Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?

The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to another traditional soft …

Gallagher Bassett Promotes Jain to Executive Vice President and New Role

Gallagher Bassett named Varun Jain to the newly created position of executive vice president – enterprise performance and product leadership. Jain will drive execution across three areas: enterprise product leadership, global account management and strategic initiatives implementation. He joined Gallagher …

Trump Wins Permission to Revise BBC Suit to Remove Brand Damage

President Donald Trump won court permission to revise his $10 billion defamation lawsuit against the British Broadcasting Corp. by excluding his earlier claim that a 12-second clip in a documentary caused massive financial damage to his business. The ruling by …