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Prop 17

News Story
9/12/2012
Posted by Mark Reback
The battle over an automobile insurance persistency initiative is heating up, with the latest volley over a radio advertisement targeting a military audience that opponents are calling on to be removed following the tragedy in Libya where Libyan Ambassador Christopher Stevens was killed on Tuesday along with three others during an attack on a U.S...
News Release
9/11/2012
Posted by Carmen Balber
Santa Monica, CA – George Joseph, Mercury insurance company’s billionaire chairman who is backing Proposition 33, gave $195,000 to a nonprofit group last week as part of the campaign’s effort to hide from voters that the initiative was written and funded by the insurance industry, said Consumer Watchdog Campaign.  ...
News Story
9/11/2012
Posted by Mark Reback
Proposition 33, an initiative to let auto insurers offer discounts to competitors' customers, isn't quite the same as Proposition 17, a similar proposal that voters rejected in 2010. But the campaign in favor of the measure seems to be following the same truth-distorting playbook. The Yes on Proposition 33 campaign has bought airtime on 19...
News Story
9/10/2012
Posted by Mark Reback
If you ever needed a case study in how one rich individual can buy a law that favors his auto insurance business while screwing consumers, Proposition 33 would fit the bill perfectly. It’s such a bad apple that other insurance companies, not exactly known for their pro-consumer attitudes when it comes to making money, won’t even...
News Story
9/10/2012
Posted by Mark Reback
A consumer group that supports Mercury Insurance in its efforts to charge some drivers higher rates just got a donation of $195,000 from Mercury's founder. The money is going to create a political operation supporting two ballot measures – Mercury's Prop. 33 and Prop. 38, a tax measure sponsored by Molly Munger, who also gave the...
News Story
9/8/2012
Posted by Mark Reback
An initiative on the November ballot that would allow auto insurers to base their prices in part on a driver's coverage history is pitting an executive at one of the state's largest insurance companies against a consumer advocacy group for the second time in as many years. Proposition 33 would enable insurance companies to offer...
News Release
9/4/2012
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
9/3/2012
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
8/31/2012
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
8/28/2012
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...