Home › Auto Insurance Proposition 103

Auto Insurance Proposition 103

News Story
12/22/2011
Posted by Mark Reback
A California consumer group is challenging a rate hike bid by Mercury Insurance because the group claims the company is trying to pass along the costs of its political campaigning. But the insurer says those costs are not included in the rate hike. Santa Monica-based Consumer Watchdog says the costs involve millions of dollars in political...
News Release
12/20/2011
Posted by Consumer Watchdog
Santa Monica, CA -- Mercury Insurance is seeking permission to raise auto insurance rates by $89 million.  At the same time, the company’s Chairman George Joseph is spending $8 million on a 2012 ballot initiative that insurance billionaire claims will give “discounts” to some drivers.  The proposed initiative is...
News Story
12/19/2011
Posted by Mark Reback
In a sign the 2012 insurance wars have begun, a consumer group that routinely seeks to block rate increases has accused auto insurance giant Mercury General of illegally passing onto consumers the cost of its 2010 ballot measure campaign. Consumer Watchdog is seeking to block a Mercury subsidiary's request to raise rates on its auto...
News Story
11/26/2011
Posted by Mark Reback
Rosenfield, who used California's initiative process to regulate auto insurance rates more than two decades ago, is preparing a new initiative that would force health insurers to get state approval before they could raise premiums. Sacramento, CA -- The former "Nader's Raider" who used California's initiative process to...
News Release
11/16/2011
Posted by Consumer Watchdog
Santa Monica, CA -- A political committee funded by Mercury Insurance Chairman George Joseph is reportedly submitting signatures for a November 2012 ballot measure that will reprise the company’s failed effort to enact auto insurance surcharges with Proposition 17, which Californian’s rejected in June 2010. The Mercury initiative...
News Story
11/14/2011
Posted by Mark Reback
ANALYSIS: Keeping an eye on insurance rates in the Golden State  If there is one organization that insurers despise and fear more than any other, it surely must be Consumer Watchdog. Since its founding in 1985, Los Angeles-based Consumer Watchdog has dogged insurers relentlessly and played a key role numerous times in forcing them to...
News Story
11/11/2011
Posted by Mark Reback
A ballot initiative to expand the scope of California’s Proposition 103 to include health insurance could also impact the auto insurance industry by challenging a long-sought-after initiative on auto insurance discounts for persistency, industry watchers say. Santa Monica, Calif.-based advocacy group Consumer Watchdog, which filed the...
News Story
11/10/2011
Posted by Mark Reback
Consumer Watchdog, a not-for-profit consumer advocacy organization, is pushing for a November 2012 ballot measure that would grant authority to the state insurance commissioner to regulate health insurance rates, the San Francisco Chronicle reports (Colliver, San Francisco Chronicle, 11/10). Details of the Measure The proposed ballot measure...
News Story
11/10/2011
Posted by Mark Reback
The contentious issue of regulating California's health care insurance industry is back. After AB 52 by Mike Feuer (D-Los Angeles) and Jared Huffman (D-San Rafael) was shelved at the end of the last legislative session, that looked like the final word on the prospect of regulating health insurance rates. Yesterday, Consumer Watchdog...
News Story
11/9/2011
Posted by Mark Reback
A leading consumer group has launched an initiative drive to give state regulators the power to reject health insurance rate increases. Consumer Watchdog has asked the state attorney general to prepare a title and summary for a proposed initiative for the November 2012 ballot to require that proposed rate changes are submitted to the state...