State Farm auto claims data shows a 74% drop in catalytic converter theft claims for the first half of 2024 compared to the same period in 2023. This is good news in a story that first gained traction when State Farm claims data indicated a significant increase in catalytic converter thefts over the last several […]
Philadelphia Towing Company Alleged to Have Made Millions from Catalytic Converter Thefts
Nearly year-long investigation leads to charges again company and 10 adults, one juvenile. The Bucks County, Pa. District Attorney’s Office announced charges against a Philadelphia, Pa. towing company and more than 10 individuals June 27 who are alleged to have operated a multi-million-dollar organized criminal enterprise that specialized in the theft of catalytic converters throughout […]
Allstate Reports Replacements of Catalytic Converters up Nearly 1,200% Since 2019
The latest numbers from Allstate show that catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. And Allstate is not alone in this epidemic. According to the National Insurance Crime Bureau, an insurance industry trade organization, catalytic converter thefts nationwide increased 1,215% between 2019 and 2022. In several states, Allstate saw […]
CARFAX Reports Catalytic Convertors Stolen from Up to 153,000 Vehicles in 2022
Recent media reports vastly undercounted catalytic converter thefts in the U.S., new CARFAX data shows. Thieves removed the devices from as many as 153,000 vehicles in the U.S. in 2022, far more than earlier estimates. CARFAX data scientists reviewed catalytic converter replacements from millions of service and maintenance records to arrive at this number. Thieves […]
State Farm Claims Data Reveals Continued Surge in Catalytic Converter Theft
Claims data from State Farm, the largest insurer of automobiles in the U.S., shows that between July 2021 and June 2022 catalytic converter theft has grown 109% nationally, in terms of the number of claims filed, compared to the previous 12 months. During this recent period more than 43,219 of these parts were stolen and […]