CONTACT Douglas Heller
Santa Monica, CA – The newly numbered Proposition 33, funded by Mercury Insurance's billionaire Chairman George Joseph, is a replay of Mercury's unsuccessful 2010 initiative aimed at raising auto insurance premiums on millions of Californians.
According to the Attorney General's official title of the initiative, Prop 33: "...
Op-Ed By Brian Stedge-Stroud, THE NORTH COUNTY TIMES - CALIFORNIAN (SAN DIEGO, CA)
A billionaire insurance executive is spending $8 million on a November ballot measure to undermine a key consumer protection that has saved California drivers more than $62 billion since 1988.
Common sense leads to one basic question: When has a billionaire insurance executive spent $8 million just to save drivers money?
The real aim of the ballot...
By Will Evans, CALIFORNIA WATCH
UPDATE, Jan. 27, 2012: Mercury Insurance provided this response to questions about its record.
The 90-year-old billionaire chairman of Mercury Insurance just won’t give up.
George Joseph gave $8.2 million to put an initiative on the November ballot that supporters say would lower car insurance rates for consumers who maintain continuous...
CONTACT By Brian Stedge & Doug Heller
Santa Monica, CA -- Mercury Insurance is seeking permission to raise auto insurance rates by $89 million. At the same time, the company’s Chairman George Joseph is spending $8 million on a 2012 ballot initiative that insurance billionaire claims will give “discounts” to some drivers. The proposed initiative is nearly...