Major Calif. Auto Insurer Champions Prop. 17
The insurance company that placed
Proposition 17 on the June ballot says it did so to save money for most
policyholders. The consumer-advocacy groups opposing it say that’s
merely a smokescreen. What the company, Mercury Insurance, really wants is to undermine a
provision of a voter-approved insurance initiative passed in 1988, said
Harvey Rosenfield, founder of the Santa Monica-based group Consumer
Watchdog. That would allow it to assess a surcharge on drivers who seek
to restart auto insurance coverage after dropping it temporarily.
