insurance acronyms and abbreviations > L

LAE: loss adjustment expense 
LASH: Lighter Aboard Ship 
LCA: Life Communicators Association 
LCF: loss conversion factor 
LDF: loss development factor 
LDW: limited damage waiver 
LDW: loss damage waiver 
LEA: Loss Executives Association 
LEED: Leadership in Energy and Environmental Design 
LEPC: Local Emergency Planning Committee 
LHWCA: Longshore and Harbor Workers Compensation Act 
LIAA: Life Insurance Association of America 
LIAMA: Life Insurance Agency Management Association 
LIFO: Last In, First Out 
LIMRA: Life Insurance Marketing & Research Association 
LIRB: Liability Insurance Research Bureau 
LIS: Liability Insurance Supplement 
LLC: Limited Liability Company 
LMU: loss mitigation underwriting 
LOC: Letter of Credit 
LOMA: Life Office Management Association 
LPG: Liquid Petroleum Gas 
LPRT: Leading Producers Round Table 
LPSO: Lloyd's Policy Signing Office 
LPT: loss portfolio transfer 
LTA: Long Term Agreement 
LTA: Lost Time Accident 
LTD: Long-Term Disability 
LTL: Less-Than-Truckload 
LUMP: Limits Under Multiple Policy 
LUTC: Life Underwriter Training Council