Executive Director, Alliance of Insurance Agents and Brokers
Executive Director of the Alliance of Insurance Agents and Brokers, a statewide organization representing independent insurance agents and brokers
PROFILE
Mike D’Arelli
Guest
FROM Mike D’Arelli
Which Way, L.A.?
Prop. 17 and Populist Appeals Supporters say Prop 17 will lower insurance rates for 82% of California drivers. Opponents ask, why would an insurance company sponsor a measure that might cost it money? Proposition 17 in next month’s election. The ballot says, “Allows auto insurance companies to base their prices in part on a driver’s history of insurance coverage.” Mercury General has put up 10 million dollars for Prop 17, and it’s an auto insurance company. Opponents claim that’s all you need to know.
Which Way, L.A.?
The Politics of California Car Insurance State Insurance Commissioner Steve Poizner says the Mercury Insurance Group has illegally denied auto coverage to bartenders, liquor-store owners, cocktail servers and artists by using standards it doesn't apply to people in other professions. He also claims that Mercury has failed to correct other violations going back more than ten years. The company could face millions of dollars in fines if it doesn't correct each violation in ten days.
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