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Auto Insurance Proposition 103

News Story
9/27/2011
Posted by Mark Reback
Auto insurance could become too expensive for some Californians if George Joseph, chairman of insurer Mercury General Corp., gets his way. He's proposed an initiative for the June 2012 ballot that would reward longtime insured drivers but could ultimately price out the people who haven't previously or consistently been insured. In a Sept...
News Story
9/26/2011
Posted by Mark Reback
SACRAMENTO, Calif. -- California Insurance Commissioner Dave Jones is something of an anomaly. Following the 2010 elections, which saw historic victories for Republicans across the country, Jones, a Democrat, came into office saying that he intended to be "an activist" who would "make the California Department of Insurance the...
News Story
9/21/2011
Posted by Mark Reback
In seeking to change California law, an insurance executive's initiative would make it too expensive for too many people to insure their vehicles. Should you be penalized under the law if you previously hadn't been able to afford a car, chose not to own a car or if you lived for a time in a city where you didn't need one? A Los...
Blog Post
9/15/2011
Posted by Consumer Watchdog
When a billionaire auto insurance executive personally sponsors a statewide ballot initiative to delete regulations on his industry, would we Consumer Watchdogs be right to smell a rat? Yeah, we thought so. That’s why Mercury Insurance Chairman George Joseph is not only putting millions of dollars into getting people to sign his ballot...
News Story
9/13/2011
Posted by Mark Reback
George Joseph gives $8.1 million to 2012 initiative campaign to up-end Prop. 103. SACRAMENTO, CA -- Los Angeles insurance executive George Joseph has raised the stakes in his years-long effort to change California's landmark automobile insurance law, Proposition 103, by putting millions of dollars into a ballot initiative that would give...
News Release
9/12/2011
Posted by Consumer Watchdog
Santa Monica, CA -- Mercury Insurance Chairman George Joseph continues his decades-old assault on consumer protections guaranteed by the 1988 insurance reform measure Proposition 103.  The California Secretary of State reports that Joseph gave nearly $8.1 million to a political action committee aiming to place an initiative on the June...
News Release
9/7/2011
Posted by Consumer Watchdog
Santa Monica, CA -- Mercury Insurance Chairman George Joseph launched another assault on consumer protections guaranteed by the 1988 insurance reform measure Proposition 103.  The California Secretary of State reports that Joseph is the sole donor to the signature gathering campaign for a new Mercury Insurance backed ballot initiative that...
News Story
8/27/2011
Posted by Mark Reback
The consumer advocacy group Consumer Watchdog wants to take regulation of health insurance rates to Calfornia voters with a ballot initiative set for 2012. The ballot measure would expand Proposition 103, which regulates auto and home insurance rates in California, to include health insurance rates. It would also roll back health insurance...
News Story
8/13/2011
Posted by Mark Reback
Aug. 12 -- Backers of an automobile insurance initiative that was bankrolled by Mercury General Corp., and which voters turned down last year, want to try again. The California attorney general's office this week released a title and summary of the proposed initiative, which was submitted by Mike D'Arelli, executive director of the...
News Release
8/12/2011
Posted by Doug Heller
Santa Monica, CA -- California Attorney General Kamala Harris issued a title and summary yesterday for Mercury Insurance's ballot initiative explaining that the proposed initiative "Will allow insurance companies to increase cost of insurance to drivers who have not maintained continuous coverage."  The proposed initiative...