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News Story
10/8/2012
By Ronald Campbell, THE ORANGE COUNTY REGISTER
For a decade now, Mercury Insurance founder George Joseph has been trying to get one big change made to California's landmark insurance law: a discount for customers who switch auto insurance carriers. Gov. Gray Davis vetoed a Mercury-backed bill in 2002. The voters rejected Mercury-backed Proposition 17 in June 2010 by 4 percentage points....
News Story
10/8/2012
By Staff Writer, ASSOCIATED PRESS
SACRAMENTO, Calif. — Billionaire insurance executive George Joseph has donated another $8 million to his November ballot initiative. The weekend contribution brings his total to $16 million in support of Proposition 33, which would let insurers charge drivers based on their history of maintaining coverage. Joseph on Monday said campaign...
News Story
10/8/2012
By Marc Lifsher, LOS ANGELES TIMES
SACRAMENTO -- Insurance billionaire George Joseph has poured another $8 million into his self-funded campaign to pass Proposition 33, a change in California insurance law he's been trying to get for a dozen years. Joseph's latest contribution was posted on the secretary of state's website Monday. In all, he has given 99.5% of the $16.2...
News Story
10/8/2012
By Sally Schilling, SAN MATEO DAILY JOURNAL
In the wake of the attacks on the American Consulate in Libya, Consumer Watchdog told the “Yes on Proposition 33” campaign to stop running misleading ads. Just after the anniversary of Sept. 11, the “Yes on Prop. 33” campaign ran ads promoting the auto insurance reforms in Proposition 33 as patriotic. The ads stated that...
News Story
10/7/2012
Editorial by LA OPINION
El propietario de la aseguradora Mercury, George Joseph, está empecinado en reformar el marco legal establecido por la Proposición 103, para vender a toda costa más pólizas de seguro. Hace dos años rechazamos la iniciativa 17 y hoy recomendamos un rotundo no a la Proposición 33. En la actualidad una...
News Story
10/5/2012
By Hannah Dreier, ASSOCIATED PRESS
SACRAMENTO, Calif. — Billionaire insurance executive George Joseph has been fighting with consumer advocate Harvey Rosenfield for two decades over California's landmark automobile insurance law. This November, the two are squaring off again over a ballot initiative that would roll back a provision of the 1988 law and let insurance...
News Story
10/4/2012
Santa Clarita Valley Signal Editorial Board
Proposition 33: Auto Insurance. NO If Proposition 33 sounds familiar, that’s because it’s very familiar. In June 2010, it was put before the voters as Proposition 17. It failed then and it should fail now. In 2010, it was seen as a self-serving measure put before voters by Mercury Insurance founder George Joseph. Mercury is back as...
News Story
10/3/2012
Endorsements 2012: State ballot measures, San Francisco Bay Guardian
[From "Endorsements 2012: State ballot measures"] PROPOSITION 33 NEW CAR INSURANCE RATING FACTOR NO This measure was created and funded by Mercury Insurance founder George Joseph, who tried to do the same thing two years ago with Prop. 17, which was soundly rejected by voters (see "Buying power," 3/16/10). So this time...
News Story
10/3/2012
By Dale Kasler, SACRAMENTO BEE
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
By Jon Healy, LOS ANGELES TIMES
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...