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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...
Blog Post
11/6/2012
Posted by Harvey Rosenfield
For the last 25 years, I've worked day and night to keep insurance rates low here in California. That's why I'm OPPOSED to PROP 33, the Mercury Insurance Company Initiative…and I need your help to get the word out. Prop 33 will allow insurance companies to raise rates on good drivers who've done nothing wrong. It legalizes...
News Story
11/5/2012
Posted by Mark Reback
The guy behind Proposition 33, insurance magnate George Joseph, has spent nearly $17 million to fight for the right to extend discounts to drivers who've had five years of uninterrupted coverage, even if that coverage has come from more than one company. Joseph has said that he's pushing the measure because he believes it would lead to...
News Story
11/5/2012
Posted by Mark Reback
The campaign in favor of Proposition 33 has been so consistently misleading, it's almost pointless to keep criticizing the measure's supporters for warping the facts. Nevertheless, an advertisement Monday in favor of the measure makes a point that bears rebutting before voters head to the polls. The proposition would allow auto insurers to...
News Story
11/5/2012
Posted by Mark Reback
It might not get the attention of some of the other propositions, but Proposition 33 is attracting some big money, at least on one side and from one person. The measure would allow car insurers to give discounts to drivers who have maintained continuous coverage and to charge more to drivers without such an insurance history. George Joseph, the...
News Release
11/2/2012
Posted by Jamie Court
Santa Monica, CA – Consumer Watchdog Campaign today called upon the publisher of the San Jose Mercury News to send an email to subscribers correcting the record on a misleading paid advertisement sent out by email over the weekend which made it appear that the newspaper editorialized for Prop 33 when in fact it came out against it. The paid...
News Release
11/2/2012
Posted by Carmen Balber
Santa Monica, CA -- The insurance billionaire backing Proposition 33 dropped another $500,000 into the campaign on Wednesday as Prop 33 slips in the polls. Mercury Insurance chairman George Joseph redoubled his campaign’s deceptive tactics with new advertisements that again feature testimonials by “supporters’ who had financial...