1: Insurance fraud committed by means of arson. Refers to a fire touched off by a putative lightning strike within the precincts of Leyton, a neighbourhood of east London with a reputation as a centre of urban deprivation. Perhaps coined by Linda Smith, English stand up comedienne.

2: Italian business insurance.
Egon Ronay: “Nobody ever went to that fine Italian restaurant on the high street because it was next door to a funeral home. I hear that last week the place burned down.”

Linda Smith: “Must have been a case of Leyton lightning.”
by 2x Talk August 25, 2010
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