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News Story
9/24/2012
Posted by Daniel Palay
Click here to read the original editorial from the Fresno 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...
News Story
9/24/2012
Posted by Daniel Palay
Click here to read the original editorial from the San Bernarndion Sun. Didn't Californians already vote down Proposition 33 - the measure to make changes to the state's auto insurance law on the Nov. 6 ballot? Essentially, yes - in June 2010 when voters defeated Proposition 17. The electorate didn't buy the pitch then that Mercury...
News Story
9/24/2012
Posted by Daniel Palay
Click here to read the original editorial from the San Diego Union-Tribune. Proposition 33 sounds good, billed as an easy way to increase competition between auto insurers and to produce lower rates for California’s drivers. But after lengthy discussions with proponents, opponents and independent insurance experts, we have come to believe...
News Story
9/22/2012
Posted by Daniel Palay
Click here to read the original editorial from the 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...
News Story
9/20/2012
Posted by Daniel Palay
Click here to read the original editorial from the Los Angeles Times. Two years ago, voters rejected an ill-conceived ballot measure that would have allowed auto insurers to offer discounts to people who had been covered by competing companies, but which would have done so at the expense of new drivers and those who had let their coverage lapse....
News Release
9/20/2012
Posted by Carmen Balber
Santa Monica, CA – Consumer advocates demanded in a letter sent today that Mercury Insurance chairman George Joseph, who has contributed 99% of the funds backing Proposition 33, testify at a legislative hearing scheduled in Sacramento next Tuesday to publicly explain the benefit to his insurance company of the measure that would increase...
News Story
9/20/2012
Posted by Mark Reback
Click here to read the original editorial in the Los Angeles Times. Two years ago, voters rejected an ill-conceived ballot measure that would have allowed auto insurers to offer discounts to people who had been covered by competing companies, but which would have done so at the expense of new drivers and those who had let their coverage lapse. Now...
News Story
9/20/2012
Posted by Mark Reback
I grew up in Chula Vista and have been around military families all my life. Two years ago I got married and became part of a military family myself. I’m proud of my husband’s service. But I’m shocked at the cynical use of military families in the advertising campaign for Proposition 33, which is 99 percent bankrolled by one...
Article
9/19/2012
Posted by Daniel Palay
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 new to auto insurance, or are re-entering the auto insurance market...
Article
9/18/2012
Posted by Daniel Palay
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 customers.   Yes, this is a replay of Prop. 17, which California voters...