Posted on 08/30/2002 1:33:59 PM PDT by Ernest_at_the_Beach
Edited on 04/13/2004 3:29:44 AM PDT by Jim Robinson. [history]
SACRAMENTO - A bill decried by consumer advocates as special interest legislation aimed at benefiting one generous campaign contributor passed the Assembly on Thursday night and appears likely to clear the Senate as well.
SB689 by Sen. Don Perata, D-Oakland, would overturn rules recently written by Insurance Commissioner Harry Low that prohibit auto insurance companies from offering discounts to anyone who has bought insurance continuously for a certain length of time.
(Excerpt) Read more at bayarea.com ...
$25,000 to Perata. $150,000 for a Prop 45 campaign. Thats a lot of money that Mercury Insurance could have passed on to customers instead of giving to politicians.
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