The National Insurance Crime Bureau (NICB) said nationwide, between 2019 and 2022, catalytic converter replacements in vehicles grew 1,215%. That’s a huge number and reflects one of the modern targets of today’s thieves.
Allstate VP Craig Edmonds said his company saw a 1,155% rise in the same time period.
“Catalytic converter thefts exploded during the pandemic,” Edmonds said. “Supply chain disruptions raised the value of these parts. And because they’re relatively easy to steal, theft rings have pounced, creating a multimillion-dollar black market enterprise. Fortunately, there are ways to protect yourself from becoming a victim.”
Four PIA Western Alliance States — Oregon, Washington, Nevada and Arizona — are in the top-12 states seeing the biggest increase in thefts from 2019 to 2022. Oregon and Washington sit atop the list
1. Oregon — 7,200% increase
2. Washington — 7,150% increase
3. Pennsylvania — 6,950% increase
4. Connecticut — 6, 400% increase
5. New York — 4,583% increase
6. Missouri — 4,000% increase
7. Colorado — 3,300% increase
8. Tennessee — 3,100% increase
9. New Jersey — 2,767% increase
10. Nevada — 2,700% increase
11. Texas — 2,217% increase
12. Arizona — 2,200% increase
Source link: PropertyCasualty360.com — https://bit.ly/3WPRC8l
