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
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.
|Out of state||$0||0.0%|
|Out of state||$0||0.0%|
|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|
|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|
* 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.