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 West End I-16
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From an OSPIRG press release: “Unfortunately, the insurance industry’s $5 million campaign against Measure 42 created a lot of confusion about what was at stake on election day,” said Norma Garcia, Senior Staff Attorney with Consumers Union. I think that might be oversimplifying what happened, and I’ll admit that I dislike much of the advertising — pro [...] 
From the newswires: Measure 42 has been closely watched nationally. Oregon voters were the first in the nation to consider whether to ban using credit information to help insurers set rates. Their overwhelming decision to reject Measure 42 shows a strong majority of voters are satisfied with the consumer protections already in Oregon law. The [...] 
OK. It’s midnight. It’s past my bedtime. I’m going to bed content that in a few months there will be a check on the administration’s power, with the Dems taking the House. The Senate still looks like a toss-up; however I’ll bet that when I wake up in the morning, it’s 50R, 48D+2I [...]
At 8:28pm PST, Measure 42 is coming in 34% yes; 66% no with the vote about 12% counted.
There’s a “Guest Viewpoint” in today’s Eugene Register-Guard discussing Measure 42 which has a couple of points that I have to take issue with. But the premise has a problem: the credit information itself is unreliable. How can unreliable information fairly be the predictor of anything? A 2002 study by the Consumer Federation of America estimated [...]
USA Today is carrying an article today highlighting Measure 42 in Oregon. On Nov. 7, Oregonians will become the first voters in the USA to decide whether to bar insurers from setting premiums based on such factors as credit history, debt load and bill-paying habits. The insurance industry, which opposes the measure, is pumping millions of dollars [...]
Sister papers Albany Democrat-Herald and Corvallis Gazette-Times have chimed in similarly on Measure 42. Quoting the Democrat-Herald: Reject Measure 42, which would bar insurance companies from using credit scores as part of their determination of risk and thus rates. The measure could result in higher rates for lots of people, and there are [...]
Judging by a letter in yesterday’s Salem Statesman Journal, someone gets it on scoring: Instead of banning using credit information, instead give the voters the tools to let the public decide — force the insurance companies to divulge whether they use credit information in setting rates — and what that information is. Then let the market [...]
As much as I hate to see it happen, the following excerpt of a post at BlueOregon seems to be the prevailing attitude on Measure 42: I got your back on this one, Bill, but this is it. Never again. Understand? I voted for Measure 42, I’ve advocated strongly for it, but I’m never stepping up for [...]
I found two more published recommendations on how to vote regarding Measure 42. The Portland Mercury endorses Measure 42, while the Eugene Register-Guard advises voting against measure 42. Both of them include a comment that merits a response. From the Register-Guard: But insurance premiums should be based on drivers’ safety records, not whether they [...] [...] |
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