FOR IMMEDIATE RELEASE:
STATEMENT ON THE PART ACT & CATALYTIC CONVERTER THEFTS
Premiere Services Advocates For Carriers And Policyholders Affected By Catalytic Converter Thefts By Recommending Expansion To PART Act
Rep. Jim Baird
Rep. Betty McCollum
Offices of Legislation Cosponsors Jim Baird (R-IN) and Betty McCollum (D-MN) Take Meetings with Premiere Services Leadership
September 15th & 18th, 2023 (Washington, D.C.)
Premiere Services, the nation’s largest provider of catalytic converter theft replacements, recently met with Indiana Congressman Jim Baird (R) and the office of Minnesota Congresswoman Betty McCollum (D) regarding the PART Act (H.R. 6394), which Rep. Baird sponsored, and Rep. McCollum has cosponsored.
As strong proponents of the PART Act, which seeks to include stamping a vehicle’s VIN onto its catalytic converter and other parts that contain precious metals, Premiere Services voiced our support and recommended further steps to be taken that would drastically reduce both the occurrence and impact of catalytic converter thefts.
Among the innovative ideas introduced by Premiere Services at these meetings was easing the restrictions on the use of recycled catalytic converters in order to depress value and reduce loss costs. This includes reusing recovered stolen catalytic converters and those found on totaled vehicles.
“Premiere Services revolutionized the management of catalytic converter theft replacement claims when we introduced Cat-Converter Express, the first dedicated, nationwide, fully managed solution for these claims. And while these claims represent a significant portion of our business, they also represent a lot of time, aggravation, cost, and inconvenience both for our friends and colleagues in the insurance business and their customers,” says Premiere Services COO Chris Sestito.
“We’re a company that was founded on the core mission of finding a better way to manage the insurance claim process. We believe we have a better way to not only reduce catalytic converter thefts, but also further streamline the replacement process,"
The openness and curiosity exhibited by Representatives Baird and McCollum to find creative solutions to this endemic issue is encouraging and greatly appreciated.”
Our thanks to Rep. Baird and Rep. McCollum for their engagement and support!
About Premiere Services
Premiere Services offers a national service that handles theft and vandalism claims for all private passenger vehicles and the majority of commercial vehicles. Claims handlers can send an assignment to Premiere Services via CCCOne®, warm transfer phone call, email (firstname.lastname@example.org), or through Premiere’s secure online quick claim portal found at https://premiereservices.com/quick-claim-form/. There are no setup fees, additional costs or IT integration needed.
Premiere Services has been exclusively serving the insurance claims industry for 30 years. The company was started after Mark Puente experienced a theft loss, and after the claims was finished, he felt “there had to be a better way”. That has been the guiding principle for the company since 1991.
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About Premiere Services
Premiere Services is a leading nationwide mobile electronics replacement, wheel & tire and catalytic converter replacement service provider since 1991. We serve the consumer, fleet, collision and insurance markets.