allocated loss adjustment expense (ALAE)
Allocated loss adjustment expenses (ALAEs) are loss adjustment expenses that are assignable or allocable to specific claims.
allocated loss adjustment expense (ALAE)
Allocated loss adjustment expenses (ALAEs) are loss adjustment expenses that are assignable or allocable to specific claims.
Additional Information
Fees paid to outside attorneys, experts, and investigators used to defend claims are examples of ALAEs.
Synonyms
allocated loss expense
