September 4, 2009 |
It was big. It was bright. It was controversial. And now it's gone. On Thursday, CBS Outdoor Inc. took down a billboard graphic -- black text on a screaming yellow background -- reading: "Consumer Watchdog says: 'You Can't Trust Mercury Insurance.' " The towering Mid-Wilshire billboard was in a prime spot for attracting attention, at least from Mercury Insurance's parent company, Mercury General Corp. It sat about half a mile east of corporate headquarters. Consumer Watchdog's billboard was taken down because Mercury, California's third-largest auto insurer and ninth-largest homeowners insurer, complained to CBS Outdoor, said Harvey Rosenfield, founder of Consumer Watchdog.
June 6, 2004 |
In the 1976 apocalyptic horror flick "The Omen," a snarling Rottweiler protects the antichrist child Damien Thorn, allowing him to unleash his devilish proclivities on a naive world. The beast is Damien's pet, and no one in the film questions the wisdom of allowing the menacing canine to roam the halls of the Thorn mansion. Update the plot to 2004, however, and the family's insurance agent probably would have an opinion.
January 19, 2012 |
An automobile insurance discount initiative, more than 99% bankrolled by the chairman of Mercury Insurance, has qualified to go before voters on November's ballot. Officially sponsored by a trade group, the American Agents Alliance, the proposal would provide motorists, who switch insurance companies, with a discount if they had been previously insured. Passage of the initiative, whose petitions got signatures from almost 505,000 registered voters, would make the automobile insurance market more competitive, supporters argue.
November 5, 2012 |
The campaign in favor of Proposition 33 has been so consistently misleading, it's almost pointless to keep criticizing the measure's supporters for warping the facts. Nevertheless, an advertisement Monday in favor of the measure makes a point that bears rebutting before voters head to the polls. The proposition would allow auto insurers to offer discounts to drivers who'd been insured by rival companies, offset by surcharges on new customers who'd been uninsured or whose coverage had lapsed.
November 8, 2012 |
What do Thomas Steyer and Chris Kelly know that fellow California high-rollers George Joseph, Molly Munger, her brother Charles T. Munger Jr. and Nicolas Berggruen don't? All six multimillionaires bankrolled a ballot proposition in this year's election. But voters approved the ones backed by Steyer, a financier in San Francisco, and Kelly, a former Facebook executive; the rest effectively flushed their money down a rathole. Here's one reason: Steyer and Kelly had the good sense to align themselves with unions.
January 16, 2006 |
Gender matters to auto insurer Mercury General Corp., while Farmers Insurance Exchange cares more about marital status. And at Automobile Club of Southern California, the people setting the rates look closely at how many vehicles you want to insure. California's biggest auto insurance companies use a variety of factors to set rates, and no two are exactly alike in how they weight them.