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Prop 33

Legal Update
1/29/2013
Posted by Laura Antonini
Mercury Insurance – the company that California regulators say “has a deserved reputation for abusing its customers and intentionally violating the law with arrogance and indifference” – is infamous for playing every angle in its effort to avoid accountability for cheating its customers. Mercury has spent tens of millions...
Article
11/14/2012
Posted by Jamie Court
Wednesday, the California Fair Political Practices Commission takes up the question of whether political bloggers should have to disclose who pays them to blog in political campaigns. Sacramento's consultant establishment, both on the left and the right, has been hiding behind free speech protections to propagandize and cut the legs out from...
Blog Post
11/8/2012
Posted by Jamie Court
Insurance companies learned a lesson election night in California:  Don’t try to fool the voters or you’ll be the one looking foolish. Thanks to your help voters saw through one insurance billionaire’s deceptive campaign and rejected Prop 33 with 55% opposed. Mercury Insurance Chairman George Joseph spent $17.5 million and...
News Story
11/8/2012
Posted by Mark Reback
What do Thomas Steyer and Chris Kelly know that fellow California high-rollers George Joseph, Molly Munger, her brother Charles T. Munger Jr. and Nicolas Berggruen don't? All six multimillionaires bankrolled a ballot proposition in this year's election. But voters approved the ones backed by Steyer, a financier in San Francisco, and Kelly...
News Story
11/7/2012
Posted by Mark Reback
SACRAMENTO — A Los Angeles insurance executive's drive to boost his company's fortunes by seeking authority to offer a new auto coverage discount got trounced by voters. Proposition 33, bankrolled by Mercury General Corp. Chairman George Joseph, lost with 45.4% of the vote to opposition of 54.6% with all California precincts...
News Story
11/7/2012
Posted by Mark Reback
LOS ANGELES, CA -- For the second time in three years, voters have rejected a ballot initiative that would have let auto insurers charge drivers based on their history of maintaining coverage. Proposition 33 failed Tuesday with about 55 percent voting against. It was the second attempt by billionaire insurance executive George Joseph to let...
News Story
11/7/2012
Posted by Mark Reback
SACRAMENTO -- The consumer activists that defeated the Proposition 33 auto insurance initiative, despite their small budget, are crowing over their victory and spoiling for a new fight. This tiime, it's with the health insurance industry. Consumer Watchdog of Santa Monica is winding up its own initiative on the 2014 ballot to regulate health...
News Story
11/7/2012
Posted by Mark Reback
The “B” word may have been the most lethal weapon against an automobile insurance portable persistency initiative put to Californians, the second such initiative in the last two years to be defeated. California’s Proposition 33, the 2012 Automobile Insurance Discount Act, was defeated with 54.6 percent voting against it,...
News Story
11/7/2012
Posted by Mark Reback
SACRAMENTO -- Voters rejected Proposition 33, a measure that would have allowed car insurers to offer discounts to drivers who maintain continuous coverage and raise rates on those who do not have a consistent history of coverage. Current state law enables insurers to offer loyalty discounts to drivers who maintain coverage with one company,...
News Release
11/7/2012
Posted by Carmen Balber
Santa Monica, CA – Voters issued the final verdict on the deceptive campaign for Prop 33, financed by Mercury Insurance Chairman George Joseph, that would have given insurance companies the power to charge good drivers more for lapses in coverage. Prop 33 was losing by a margin of 46 to 54 at 11:30 pm Tuesday. Consumer Watchdog Campaign...