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George Joseph

News Release
10/18/2012
Posted by Carmen Balber
Santa Monica, CA – Three more California newspapers, the Stockton Record, La Opinion, and the Chico News & Review, have joined the flood of papers urging voters to reject Proposition 33, the ballot measure sponsored by one insurance billionaire to raise car insurance rates on good drivers. Proposition 33 will allow insurance companies...
Blog Post
10/17/2012
Posted by Jamie Court
Populist governor Hiram Johnson gave Californians the ballot initiative one hundred and one years ago to combat the stranglehold of wealthy scions over the statehouse. Today's New York Times reports on how California's ballot measures are dominated by a handful of billionaires, including some trying to buy more power for themselves and...
News Release
10/16/2012
Posted by Carmen Balber
Santa Monica, CA -- The insurance billionaire behind Prop 33 is asking California voters to believe that he wants to overturn laws that have protected consumers for 24 years to save consumers money. Consumer Watchdog Campaign today released the “Top Five Reasons You Can’t Trust Mercury Insurance,” outlining the company’s...
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 Story
10/13/2012
Posted by Daniel Palay
For a dozen years, the 91-year-old founder of a leading Los Angeles insurance company and an early disciple of consumer advocate Ralph Nader have been fighting over the right to offer many motorists a new discount. Now these two adversaries are at it again. This time the fight is over Proposition 33 on California's Nov. 6 ballot, and it's...
News Release
10/10/2012
Posted by Daniel Palay
Santa Monica, CA – Mercury General is raising auto insurance rates by $63 million on its customers, an average 4% rate hike for 990,000 Mercury auto insurance policyholders in California. The rate hike comes just ahead of a November vote on Proposition 33, funded by Mercury Chairman George Joseph, which would allow insurance companies to...
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
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...