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George Joseph

News Release
9/17/2012
Posted by Jamie Court
Santa Monica CA -- Three of California’s largest newspapers issued No on Proposition 33 endorsements this weekend, repudiating the false claims about the initiative made in campaign materials and deceptive advertisements now running across the state.  Prop 33 would allow insurance companies to increase prices on good drivers who have a...
News Story
9/15/2012
Posted by Mark Reback
Click here to read the original editorial from the Sacramento Bee California voters have a basic question to answer when deciding Proposition 33, a self-interested initiative funded by billionaire George Joseph, founder of Mercury General Corp. Should Mercury and other auto insurance companies be allowed to charge higher rates for people who are...
News Story
9/14/2012
Posted by Mark Reback
Opponents of the November ballot measure Proposition 33 demanded Thursday that the campaign backing the insurance initiative pull its radio ads focusing on the military, calling them “deceptive and disrespectful.” Prop. 33 would enable insurance companies to offer discounts to drivers who have maintained consistent coverage and to...
News Story
9/14/2012
Posted by Mark Reback
Click here to read the original editorial from The San Francisco Chronicle. The politics and the arguments of Proposition 33 are going to seem very familiar. The owner of Mercury Insurance wants to loosen state insurance laws so he can offer more discounts. Consumer activists warn that the change will lead to significant surcharges on new ...
News Release
9/13/2012
Posted by Jamie Court
Santa Monica, CA -- Consumer advocates today called on the insurance company executive behind Proposition 33 to immediately withdraw new radio advertisements that mischaracterize the impact of the initiative on foreign service and military personnel in the wake of attacks on US embassies abroad. In statewide radio advertisements paid for by...
News Story
9/13/2012
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
9/12/2012
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
9/12/2012
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
9/11/2012
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
9/11/2012
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...