Today Mercury filed its quarterly report with the US Securities and Exchange Commission. Here’s what the company has to say about its sponsorship of Proposition 17:
The Company is supporting the Continuous Coverage Auto Insurance Discount Act (“Proposition 17”),…
Notes from Harvey
Consumer advocate Harvey Rosenfield has been fighting insurance company abuses for 25 years. In 1988, he wrote the landmark insurance reform measure Proposition 103, which California voters enacted despite an $80 million campaign against it by the insurance industry. As the founder of Consumer Watchdog, Harvey has helped Californians save over $62 billion on their car insurance over the past 20 years.
Harvey is leading the fight against Proposition 17, a deceptive insurance company initiative aimed at gutting California consumer protections and making insurers less accountable so they can raise rates. Below, you can read the letters and notes about Prop 17 he has sent to citizen activists, politicians and insurance executives over the course of the campaign to Stop Prop 17.
Reason #12,13 and 14: Misinforming Shareholders
May 5th, 2010
Reason #11 Why You Can’t Trust Mercury Insurance (or 17)
May 4th, 2010
Anyone who’s been following the sordid story of Mercury Insurance, the sponsor of Proposition 17, will not be surprised that the company’s first salvo of thirty second TV ads is an attempted fraud on the voters. The spectacle of Mercury…
Read Harvey’s Letter To George Joseph: Put Your Mouth Where Your Money Is
March 19th, 2010
The founder of Consumer Watchdog today challenged George Joseph, the founder and chair of Mercury Insurance, to show up to a legislative hearing in Sacramento to publicly defend his ballot initiative, Proposition 17. Prop 17, which would allow insurance companies to raise premiums on drivers based on their history of buying auto insurance, is 99% funded by Mercury and a particular focus of Joseph’s decades long effort to evade accountability to consumers.
We won! Voters Will Hear Truth On Prop 17 Premium Increases
March 16th, 2010
The official ballot materials written by the Attorney General are going to tell voters that Mercury’s Prop 17 will allow auto insurance companies to raise premiums for many motorists.
Mercury Insurance Company Has Sued to Silence Me!
March 4th, 2010
Mercury Insurance has sued to stop me, former Attorney General John Van De Kamp, and former Insurance Commissioner John Garamendi from warning the public in the Official State Voter Guide about the huge premium increases to come under Mercury’s Prop 17 for millions of drivers.
Ready for a 227% Increase in Your Car Insurance?
January 22nd, 2010
Mercury Insurance Company has been telling everyone that their June ballot initiative will not raise people’s auto insurance premiums. But the company’s own website proves Mercury is lying.
Mercury Initiative: You have to read this
July 2nd, 2009
You have to read this! Los Angeles Times columnist Michael Hiltzik uncovers how the billionaire Chairman of Mercury Insurance George Joseph has a deceptive scheme to raise your auto insurance rates.
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