Insurance Commissioner Poizner Says Mercury Insurance, Sponsor of Proposition 17, Overcharged and Discriminated Against Drivers for 15 Years

News provided by

Apr 12, 2010, 02:52 ET

Consumer Advocates To Discuss Impact on Controversial Prop 17 TODAY, MONDAY, APRIL 12 at 1:00 PM Telephone News Conference

SANTA MONICA, Calif., April 12 /PRNewswire-USNewswire/ -- Consumer Watchdog will hold a telephone news conference TODAY at 1:00 PM PDT to discuss the results of an investigation, released this morning, by state insurance regulators into Mercury Insurance, which is sponsoring Proposition 17 on the June ballot. The California Department of Insurance (CDI) said that Mercury may have illegally overcharged and discriminated against thousands of California customers for over fifteen years. CDI filed an administrative lawsuit against Mercury and gave it ten days to correct every violation of law identified in its investigation.

WHO: Harvey Rosenfield, Founder of Consumer Watchdog and Author of Prop 103

WHAT: 1:00 PM Telephone News Conference to Discuss Commissioner Poizner's Report on Mercury Insurance Alleged Violations

WHERE: Consumer Watchdog Offices

1750 Ocean Park Blvd., Suite 200

Santa Monica, CA 90405

CALL-IN NUMBER: 877.414.3322

Consumer Watchdog Conference ID Number: 68714965

For more information, please visit: http://StopProp17.org -- or find us on twitter at:

http://twitter.com/stopmercury and facebook at: http://www.facebook.com/stopprop17

SOURCE Consumer Watchdog