Business
Catalytic converter theft claims fell in first half of year, first time in 3 years, State Farm says
NEW YORK -- The number 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.
-
Business5h ago
Paul Butterworth appointed Vice Chair of Regional Studying and Abilities Partnership
-
Business1d ago
What’s in a VIN? How to decode the vehicle identification number, your car’s unique fingerprint
-
Business1d ago
On its 125th anniversary, W.E.B. Du Bois’ ‘The Philadelphia Negro’ offers lasting lessons on gentrification in Philly’s historically Black neighborhoods
-
Business1d ago
FXIFY Marks One Year of Exceptional Growth and Industry Leadership
-
Business1d ago
GriefSPEAK: AI grief glasses. Would you put them on? – Mari Nardolillo Dias
-
Business1d ago
Outdoors in RI: Free Fishing Weekend, coyotes all around, safety, 2A update – Jeff Gross
-
Business1d ago
Ortac International Accounting Strengthens UK to UAE Business Links with New Dubai Office
-
Business1d ago
Yalın Dental Clinic in Türkiye: Accessible High-Quality Dental Care