33

Automobile insurance

Election results

Votes Pct.
Yes 4,106,294 45.4%
No 4,942,247 54.6%

If it passes

Proposition 33 is backed primarily by George Joseph, chairman of Mercury Insurance, which supported a similar initiative (Proposition 17) in 2010; it failed.

The measure would revise a portion of Proposition 103, the 1988 initiative that overhauled property and casualty insurance regulation, to let insurers offer discounts to new automobile insurance customers who'd obtained coverage from one of their competitors.

The discount would be available on a pro-rated basis for those who'd maintained coverage with no more than a 90-day lapse, unless the lapse was caused by a temporary job loss, furlough or active-duty military service. Conversely, it would allow insurers to seek higher rates for customers who did not qualify for the new discount.

— Los Angeles Times

Official summary and analysis

Editorial: The Times' take

Tracking the money

A total of 136 individual contributions have been made to three committees supporting and opposing Proposition 33, raising $25,437,283. About 99% of the money raised has been to support the proposition. The list below shows the top individual contributions supporting and opposting the measure. Follow the links for additional detail.

Support
$25,147,949
Oppose
$289,333
Support contributions by state
$1
$10K
$100K
$500K
$1M
+
State Amount %
California $25,147,949 100.0%
Out of state $0 0.0%
Opposition contributions by state
$1
$10K
$100K
$500K
$1M
+
State Amount %
California $289,333 100.0%
Out of state $0 0.0%
Single contributions by size
Support
Oppose
Largest single contributions in support
# Name Date Amount
1 Mr. George Joseph Aug. 26, 2011 $8,077,127
2 Mr. George Joseph Dec. 31, 2012 $8,000,000
3 Mr. George Joseph Oct. 5, 2012 $8,000,000
4 Mr. George Joseph Oct. 31, 2012 $500,000
5 George Joseph Sept. 4, 2012 $195,000
6 Mr. George Joseph Aug. 18, 2011 $150,000
7 Marketplace Communications Dec. 17, 2012 $46,643
8 Del Sol Group Inc. Sept. 14, 2012 $15,000
9 Abernathy Insurance Agency Inc. Oct. 20, 2011 $14,000
10 College Student Insurance Service Inc. Oct. 22, 2012 $10,000
Largest single contributions in opposition
# Name Date Amount
1 CA Nurses Association's Quality Health Care Committee Oct. 10, 2012 $97,500
2 Consumer Watchdog Campaign Oct. 3, 2012 $35,000
3 Campaign For Consumer Rights Jan. 19, 2011 $26,550
4 Consumer Watchdog Campaign Dec. 27, 2011 $21,132
5 Consumer Watchdog Campaign Oct. 10, 2012 $20,000
6 Consumer Federation of CA June 25, 2012 $17,430
7 Consumer Watchdog Campaign Dec. 18, 2012 $16,110
8 Cotchett, Pitre & Mccarthy, LLP Oct. 30, 2012 $10,000
9 Consumer Watchdog Campaign Jan. 30, 2012 $7,500
10 California Conference Board Amalgamated Transit Union Issues PAC Oct. 25, 2012 $5,000

Additional coverage

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* The totals for contributions to Proposition 33 include those from one committee working to support or oppose multiple propositions. The $210,000 raised is included in the totals for each proposition. This could skew the totals reported here.

* Committees campaigning for or against a proposition can contribute money to other committees working to support or oppose any of the propositions on the November ballot. To date, this committee-to-committee giving accounts for about $20.4 million. Also, totals for propositions do not include unitemized contributions under $100.

Credits: Lorena Iniguez Elebee, Stephanie Ferrell, Robert Greene, Alexandra LeTellier, Maloy Moore, Anthony Pesce, Ben Welsh.

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