No On 33
Editorial, 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 their buying decisions.
There are exceptions, of course, but they are few ---- all involving modest corrections to ensure that consumers and business owners truly are engaging in as free a market as possible. Utilities and monopolies, medications and food safety: These are areas where government oversight helps ensure that unscrupulous practitioners do not cause harm.
Proposition 33 strikes us as another of those exceptions where regulation is needed, however much it goes against our normal grain.
Put on the ballot by insurers, Prop. 33 seeks to lift a voter-approved prohibition (Prop. 103 in 1988) on charging automobile insurance customers a higher rate if they were not previously insured.
We see no reason to change the current ban on charging higher rates to the previously uninsured.
A person's likelihood of causing a vehicle collision tomorrow would not seem to hinge on whether they had insurance last week or not.
We're open to all kinds of methods, so long as supported by valid statistical analysis, for insurance companies to calculate risk: age and gender, type of vehicle driven, number of miles driven, past driving record.
But what other business gets to set the price it charges me based on whether I bought a similar product or service previously? The grocery doesn't get to charge me more for milk if I didn't buy milk last week.
We believe the arguments in favor of Prop. 33 are specious, and should be rejected by voters.
We urge a "no" vote on Prop. 33.
8/11/2012Blog PostThe Mercury Insurance initiative’s lawsuit to stop the Attorney General and us opponents from telling the truth about... More >
9/18/2012ArticleThe politics and the arguments of Proposition 33 are going to seem very familiar. The owner of Mercury Insurance wants to loosen... More >
9/19/2012ArticleCalifornia voters have a basic question to answer when deciding Proposition 33, a self-interested initiative funded by... More >
8/13/2012News ReleaseCourt Rejects Second Challenge to AG’s Neutral Ballot Language By Insurance Industry Backers of Prop 33Santa Monica, CA – The California Third District Court of Appeal summarily denied an appeal filed by the Mercury Insurance-... More >
8/17/2012News ReleaseLong Term Unemployed Targeted Under Prop 33 For Rate Hikes – NY Times Front Page Report Shows Face of Californians In Crisis Hurt By Ballot MeasureLos Angeles, CA --- A front page story in the New York Times about hundreds of thousands Californians who have been... More >