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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,...
Blog Post
11/5/2012
Posted by Daniel Palay
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 huge surcharges (...
News Story
10/16/2012
Posted by Mark Reback
LOS ANGELES, CA -- A consumer advocacy group in California has fired another salvo of public complaints against Mercury Insurance Group, accusing the personal lines insurer of raising automobile insurance rates ahead of an election that will decide the fate of a ballot measure the consumer group said will directly benefit Mercury. Mercury's 4...
News Story
10/15/2012
Posted by Mark Reback
Click here to listen to the audio of this radio program broadcast. Of the 11 propositions on this November’s ballot, Proposition 33 is one that you may have not heard too much about other than from the “YES on 33” campaigns. George Joseph, the billionaire chairman of Mercury Insurance has backed the proposition with over $16...
News Release
10/9/2012
Posted by Carmen Balber
Santa Monica, CA – Nearly every newspaper editorial board in California has rejected Prop 33 as an unfair measure that will penalize good drivers, including liberal, middle-of-the-road and conservative papers across the state ranging from the San Diego Union-Tribune to the San Francisco Chronicle. The No on 33 editorial board endorsements...
News Release
10/8/2012
Posted by Carmen Balber
Santa Monica, CA – George Joseph, the billionaire chairman of Mercury Insurance Co. and backer of the Prop 33 campaign gave another $8 million to the initiative this weekend, bringing his total spending on the measure to $16,422,126. Prop 33 will allow insurance companies to raise car insurance rates on good drivers who have a break in their...
News Story
10/8/2012
Posted by Mark Reback
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
10/8/2012
Posted by Mark Reback
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
Posted by Mark Reback
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
Posted by Mark Reback
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....