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News Story
6/10/2010
Posted by Consumer Watchdog
A $16-million effort by auto insurers to ease regulations may not be
over despite state voters’ decision to reject Proposition 17, which
would have allowed drivers to take their continuous-coverage discount
with them if they switched carriers.
By the time all votes were counted early Wednesday, voters defeated
the initiative 52% to 48%,...
News Story
6/9/2010
Posted by Consumer Watchdog
UPDATE 6:54 a.m. Proposition 17, auto insurance
measure, appeared to be headed for defeat. With 99. 1 percent of the
precincts reporting, it was losing by 158,000 votes, or 52-48 percent.
***
California voters were divided closely on a measure Tuesday that
would change state law to allow insurance companies to raise rates on
drivers who let...
News Release
6/9/2010
Posted by Consumer Watchdog
Stunning Upset in $16 Million Campaign to Scam California Drivers
Santa Monica, CA - Ignoring a deceptive $16 million campaign by Mercury Insurance Company, California voters rejected a ballot measure that would have amended 1988 insurance reform Proposition 103 to allow insurance companies to impose surcharges on motorists who were not...
News Story
6/9/2010
Posted by Consumer Watchdog
Voters rejected two business-backed measures that would have changed
the electric power and auto insurance industries in California.
With all precincts statewide reporting, PG&E-backed Proposition
16 was failing with 52.5 percent no votes. No votes on Proposition 17,
sponsored by Mercury Insurance, accounted for 52.1 percent of the
total....
News Story
6/9/2010
Posted by Consumer Watchdog
SACRAMENTO, CA — California voters rejected a Mercury
General-sponsored proposition to allow insurers to extend automobile
insurance discounts to more drivers despite the company having 15-to-one
spending advantage.
Proposition 17 lost by a 52.1% to 47.9% margin, 2,004,410 to
1,848,768, according to unofficial results from the California...
News Story
6/9/2010
Posted by Consumer Watchdog
Proposition 14 victory changes future elections for
congressional, legislative and statewide offices. An experiment in
state-financed political campaigns and two propositions put on the
ballot by major corporations are all rejected.
Reporting from Sacramento -- California voters went to the polls Tuesday and recast
future elections in the state...
News Story
6/9/2010
Posted by Consumer Watchdog
California voters rejected the two initiatives put on Tuesday's
ballot by major corporations -- Proposition 16, requiring voter approval
before cities can get into the electricity business, and Proposition
17, giving auto insurance companies more leeway in setting rates.
With most of the vote counted Wednesday morning, both measures trailed
by...
News Story
6/7/2010
Posted by Consumer Watchdog
In a last weekend of frenzied campaigning before the June 8 primary,
candidates for statewide office marshaled last-minute ads, attacks –
even visits from Karl Rove and a fictional “Queen Meg” – to appeal to
voters in what’s been a record-breaking season of political spending.
GOP billionaire and former eBay CEO...
News Story
6/4/2010
Posted by Consumer Watchdog
SACRAMENTO, CA — Big insurers are targeting a handful of Assembly races
in an effort to send business-friendly Democrats to Sacramento as they
gird for a renewed push for regulations and consumer protections that
might come if Jerry Brown is elected governor.
The insurance industry has poured millions of dollars into four
Democratic primary...
News Release
6/4/2010
Posted by Consumer Watchdog
Desperate Mercury Insurance Dumps Another Million into $16
Million Campaign and Distributes Last Minute Mailer from Phony “Consumer
Coalition”
Santa Monica, CA — Facing a surge of voter opposition in the last few
days of its campaign for Proposition 17, sponsor Mercury Insurance
injected another $1 million dollars into its...
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