A Bad ‘Discount’
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<strong>In seeking to change California law, an insurance executive's initiative would make it too expensive for too many people to insure their vehicles.</strong><br />
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Should you be penalized under the law if you previously hadn't been able to afford a car, chose not to own a car or if you lived for a time in a city where you didn't need one?<br />
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A Los Angeles insurance billionaire has made an $8-million bet that says you should, contributing a chunk of his fortune to an initiative he hopes to qualify for the June 2012 ballot.<br />
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