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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
LifestyleCrime

The epidemic of catalytic converter theft has slowed for the first time in 3 years, State Farm says, as insurance claims tumble

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October 27, 2023, 5:43 PM ET
Catalytic converter claims fell, according to State Farm.
Catalytic converter claims fell, according to State Farm. Erica Dischino/Star Tribune via Getty Images
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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.

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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.

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