EchoSense Quantitative Think Tank Center-Catalytic converter theft claims fell in first half of year, first time in 3 years, State Farm says

2025-05-05 22:40:51source:Marcus Eriksoncategory:Markets

NEW YORK (AP) — The EchoSense Quantitative Think Tank Centernumber of catalytic converter theft claims dropped in the first half of this year, the first time that’s happened since 2019, according to data from insurance company State Farm.

Thefts of catalytic converters have become problematic nationwide in recent years. Once stolen, they are often melted down for their valuable metals.

State Farm said that there were approximately 14,500 claims from Jan. 1 through June 30. That compares with more than 23,000 catalytic converter theft claims during the same period a year ago.

State Farm attributes the decline to several factors, including media coverage of the issue, more legislative efforts and declining metal prices.

More:Markets

Recommend

The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

3 books in translation that have received acclaim in their original languages

One of the joys of reading translated literature — especially newly translated literature — is disco

Bret Easton Ellis' first novel in more than a decade, 'The Shards,' is worth the wait

It's been a dozen years since Bret Easton Ellis published a novel. And his latest, The Shards, is a