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Prop 103

News Release
10/8/2012
Posted by Carmen Balber
Santa Monica, CA – George Joseph, the billionaire chairman of Mercury Insurance Co. and backer of the Prop 33 campaign gave another $8 million to the initiative this weekend, bringing his total spending on the measure to $16,422,126. Prop 33 will allow insurance companies to raise car insurance rates on good drivers who have a break in their...
News Story
10/8/2012
Posted by Mark Reback
SACRAMENTO -- Insurance billionaire George Joseph has poured another $8 million into his self-funded campaign to pass Proposition 33, a change in California insurance law he's been trying to get for a dozen years. Joseph's latest contribution was posted on the secretary of state's website Monday. In all, he has given 99.5% of the $16....
News Story
10/8/2012
Posted by Mark Reback
SACRAMENTO, Calif. — Billionaire insurance executive George Joseph has donated another $8 million to his November ballot initiative. The weekend contribution brings his total to $16 million in support of Proposition 33, which would let insurers charge drivers based on their history of maintaining coverage. Joseph on Monday said campaign...
News Story
10/8/2012
Posted by Mark Reback
For a decade now, Mercury Insurance founder George Joseph has been trying to get one big change made to California's landmark insurance law: a discount for customers who switch auto insurance carriers. Gov. Gray Davis vetoed a Mercury-backed bill in 2002. The voters rejected Mercury-backed Proposition 17 in June 2010 by 4 percentage points....
News Story
10/7/2012
Posted by Mark Reback
El propietario de la aseguradora Mercury, George Joseph, está empecinado en reformar el marco legal establecido por la Proposición 103, para vender a toda costa más pólizas de seguro. Hace dos años rechazamos la iniciativa 17 y hoy recomendamos un rotundo no a la Proposición 33. En la actualidad una...
News Story
10/5/2012
Posted by Mark Reback
SACRAMENTO, Calif. — Billionaire insurance executive George Joseph has been fighting with consumer advocate Harvey Rosenfield for two decades over California's landmark automobile insurance law. This November, the two are squaring off again over a ballot initiative that would roll back a provision of the 1988 law and let insurance...
News Release
10/4/2012
Posted by Jamie Court
Santa Monica, CA -- Consumer Watchdog Campaign today released a video showing that two paid employees of the insurance-backed Prop 33 campaign are posing as “real drivers” in a huge TV ad buy now airing statewide. Consumer Watchdog Campaign called upon the state’s political watchdog, the Fair Political Practices Commission, to...
News Story
10/3/2012
Posted by Mark Reback
Call it a rematch. Proposition 33 is Los Angeles insurance executive George Joseph's plan for liberalizing the rules on auto premiums. For years Joseph has been trying to extend "good-driver" discounts to more motorists, with no luck. In 2010 his company, Mercury Insurance Group, bankrolled an initiative similar to Proposition 33 but...
News Story
10/3/2012
Posted by Mark Reback
The sponsors of Proposition 33, a measure to allow auto insurers to charge higher or lower rates based on whether a driver had coverage in the previous five years, don't seem content just to stretch the truth about the nature of their measure (which The Times' editorial board opposes). They're also running television commercials that...
News Story
10/1/2012
Posted by Mark Reback
California voters are getting a chance to tweak the state’s car insurance rules when they consider the fate of Proposition 33. The November ballot item asks voters to change the way car insurance rates are calculated in California. The measure proposes tweaking current rules to allow companies to consider a driver’s insurance...