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News Release
1/19/2012
Posted by Consumer Watchdog
Santa Monica, CA – The billionaire insurance baron-backed ballot measure to surcharge millions of California drivers by 40% has qualified for the November 2012 ballot, according to the California Secretary of State.  Mercury Insurance Chairman George Joseph, who has already contributed over $8 million to the ballot measure, will...
News Story
1/19/2012
Posted by Mark Reback
An automobile insurance discount initiative, more than 99% bankrolled by the chairman of Mercury Insurance, has qualified to go before voters on November's ballot. Officially sponsored by a trade group, the American Agents Alliance, the proposal would provide motorists, who switch insurance companies, with a discount if they had been...
News Release
1/18/2012
Posted by Consumer Watchdog
Santa Monica, CA -- Mercury Insurance seeks to raise California insurance rates by 8.8% for approximately 300,000 homeowners and renters with Mercury policies. If approved, the increase would generate an additional $19 million per year for Mercury.  The insurer is seeking the increase even though it paid less than 50¢ in claims for...
News Release
12/22/2011
Posted by Consumer Watchdog
Santa Monica, CA -- Consumer Watchdog Campaign has released a new video showing the 375th richest man in America, 90-year old insurance baron George Joseph, as the Grinch who stole Christmas. The video points to the devious attack by the Chairman of Mercury Insurance on auto insurance customers who will face dramatic premium increases if George...
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...
Video
12/20/2011
Posted by Consumer Watchdog
Consumer Watchdog's Doug Heller discusses why Mercury insurance is trying to get an extra $89 million out of their California policy holders.
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...
Courtroom Case
11/22/2011
Posted by Daniel Palay
In the Matter of Mercury Insurance Company, California Department of Insurance (CDI) File No. NC-03027545 Consumer Watchdog Joins California Insurance Commissioner's Complaint Against Illegal Overcharges by Mercury Insurance Company In February, 2004, the California Department of Insurance (CDI) filed an administrative complaint against Los...