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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...
News Story
9/26/2012
Posted by Mark Reback
Click here to read the original editorial from the Santa Cruz Sential. Proposition 33 on the Nov. 6 ballot is a testament, or an indictment, of one auto insurance company's dogged pursuit of recruiting customers while charging more to Californians who are either buying policies for the first time or have let their coverage lapse. This measure...
News Release
9/25/2012
Posted by Consumer Watchdog
Sacramento, CA -- Consumer advocates and civil rights leaders testified today before a joint hearing of the California Assembly and Senate Insurance Committees that Prop 33 would turn back the clock on insurance discrimination in the state of California and raise rates for good drivers who have done nothing wrong. Carrying a life-size cut-out of...
Blog Post
9/24/2012
Posted by Doug Heller
The Consumer Federation of America released a new report today assessing consumer views on the factors insurance companies use to set premiums around the country.  Not surprisingly, Americans think that insurance rates should be based primarily on motorists' driving safety record (87% and 85% of respondents believe rates should reflect a...
News Story
9/22/2012
Posted by Mark Reback
Click here to read the original editorial from the North County Times. Anyone who has read these pages at all over the past 15 years, since the North County Times was founded out of the merger of the Blade-Citizen and Times Advocate, knows well that we pretty strongly favor a deregulated market where consumers decide winners and losers purely via...
News Story
9/21/2012
Posted by Mark Reback
As a student at the University of San Francisco, I find like many San Franciscans that living in the city means I don't need a car. Even if I wanted a car, USF doesn't allow us to have them on campus. With tuition going up every year, auto insurance is an extra expense I don't need, so I'm thinking of canceling my insurance....
News Release
9/20/2012
Posted by Carmen Balber
Santa Monica, CA – Consumer advocates demanded in a letter sent today that Mercury Insurance chairman George Joseph, who has contributed 99% of the funds backing Proposition 33, testify at a legislative hearing scheduled in Sacramento next Tuesday to publicly explain the benefit to his insurance company of the measure that would increase...
News Story
9/20/2012
Posted by Mark Reback
Click here to read the original editorial in the Los Angeles Times. Two years ago, voters rejected an ill-conceived ballot measure that would have allowed auto insurers to offer discounts to people who had been covered by competing companies, but which would have done so at the expense of new drivers and those who had let their coverage lapse. Now...