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News Story
3/4/2013
Posted by Mark Reback
Are you ready for $6-per-gallon gasoline? Then $7 a little later? Premium grades of gasoline already go for more than $5 per gallon in some parts of California; regular has been above $4.50 for a month at hundreds of service stations. There is no promise these near-record price levels will drop anytime soon, especially with summer approaching and...
News Story
1/30/2013
Posted by Mark Reback
Gov. Jerry Brown's administration acts after learning that hundreds of employees were being paid for second state jobs in addition to their normal salaries. SACRAMENTO, CA - Gov. Jerry Brown's administration has restricted state departments' hiring authority following revelations that hundreds of public employees were receiving pay for...
News Story
10/6/2012
Posted by Mark Reback
Pump prices soar in California after refinery outages and other problems. Some stations charge more than $5 a gallon, others shut down. Some analysts hope the spike will be short-lived. California drivers are reeling from days of sharp gasoline price increases that left the state within reach of its record high. Economists warn that a prolonged...
News Story
10/6/2012
Posted by Mark Reback
This week's abrupt spike in California gasoline prices could peak within days, analysts said Friday. But before it does, price records could be broken throughout the state. California's average for a gallon of regular jumped 17 cents overnight to hit $4.49 Friday morning, according to the AAA auto club's daily price survey. That...
News Story
10/4/2012
Posted by Mark Reback
The health insurance industry presented itself as a key ally of President Barack Obama’s health care law while at the same time making hefty contributions to members of Congress who are trying to get rid of it, according to contribution records. Between January of 2007 and August of 2012, the political action committees of the 11 largest...
News Release
9/5/2012
Posted by Jamie Court
Santa Monica, CA --The nonprofit Greenlining Institute acknowledged in a San Francisco Bay Guardian story published today that it received a $25,000 donation from Mercury insurance company, and expects more for its work in support of Mercury-backed Proposition 33. Prop 33 is funded by Mercury insurance's billionaire chairman George Joseph and...
News Story
9/4/2012
Posted by Mark Reback
Mercury Insurance wants to buy your vote again — this time, with an unusual ally Who pays? Mercury Insurance wants to change the rules for pricing car insurance.   Mercury Insurance and its billionaire founder George Joseph are trying, for the second time in two years, to charge infrequent drivers more for car...
News Story
9/1/2012
Posted by Mark Reback
Proposition 33 on the Nov. 6 ballot is an industry-backed plan to change California law affecting the price of car insurance. The Star recommends a "no" vote on Proposition 33 because its negative effects would outweigh any benefits to drivers and the public. The ballot measure's major financial backer, to the tune of millions of...
News Story
8/29/2012
Posted by Mark Reback
Dogged by criticism, WellPoint CEO Angela Braly abruptly resigns, and the health insurance giant that runs Anthem Blue Cross in California names an interim CEO. Bowing to intense investor pressure, the chairwoman and chief executive of health insurance giant WellPoint Inc. abruptly resigned and the company named an interim CEO. The nation's...
News Story
8/29/2012
Posted by Mark Reback
If approved in November, Proposition 33 would allow auto insurers to offer discounts to new customers who have had continuous coverage for the past five years. Sound familiar? It should. The initiative is a reincarnation of Proposition 17, which was shot down by a narrow margin in June 2010. It now rises from the dead, equipped with some changes...