c. LA batteries do NOT have a flammable electrolyte. They can, of course, generate significant hydrogen when overcharging, and a hydrogen gas explosion can rupture the case. But that typically does not cause a fire. Just a really big mess and considerable corrosion. But that is the LA equivalent of thermal runaway, which we agreed is not what we are talking about. Both are very, very rare. You hear more about LA explosion because they are thousands of times more common and have been around for >100 years.
I took a bit of liberty and a short cut by saying LA electrolyte was flammable, but the fact remains it produces a highly flammable gas, and fires and explosions caused by it are common. Any spills on organic material (oil) or metals can cause them to catch fire or release hydrogen gas that catches fire. So in this sense, it really is a fire hazard. It is also dangerous by itself to be around when liberated.
Lithium electrolyte does not cause a fire either. It just has the potential to burn when lit. Unlike LA, spilling it doesn't cause other materials to catch fire or liberate an explosive gas. To put the LFP electrolyte fire risk in perspective, a LFP battery only contains 80-100ml of electrolyte with a flash point of 150C. Note that the diesel everyone carries around has a flash point about half of that, and we won't even discuss gasoline or propane.
You don't just hear more about LA explosion and fires compared to LFP because they are more common batteries and have been around a long time. It is the other side of that ratio - you don't hear about LFP fires simply because they are exceedingly rare.
Every stored energy source needs to be properly handled and installed, whether that means liquid fuel or a spinning flywheel or an electric battery. In every example, one can go over-the-top and over-think the risk vs the solution equation. Your diesel would be safer if stored in an underground tank 500' away from your boat, but the real-world risk/solution ratio doesn't suggest its necessity. Yes, a fully-enclosed metal container is safer for all batteries, but real-world experience doesn't suggest it is necessary for LFP. One could make a good case it is necessary for LA, though.
My complaint here is that ABYC, USCG, etc not distinguishing LFP from other lithium chemistries, and treating them all the same, is similar to if they didn't distinguish among all stored fuels, and treated them all the same.
BTW, there are many LFP batteries that do come in steel cases, and most LFP cells themselves made today (and comprise the insides of most batteries) have aluminum cases.
Mark