Proposition 33 would return us to an era when discrimination in insurance was commonplace. If billionaire George Joseph gets his way, millions of Californians would pay higher auto insurance premiums. Mr. Joseph owns Mercury Insurance. He has donated $16.4 million to Prop 33.
Back when insurance discrimination was legal in California, the industry redlined lower income minority communities. Auto insurance was mandatory, but good drivers in inner city neighborhoods who wanted coverage were priced out of the market. The excuse was that these drivers were not previously insured, and therefore they needed to pay more to get insured.