JDBC - escaping quotes?

Using a PreparedStatement under pgjdbc2.jar, shouldn't the driver escape
quotes in Strings?

If I try something like this:

String sql = "insert into book_list (name) values ? ";
PreparedStatement stmt = cn.prepareStatement(sql);

String name = "\"Media Unlimited\", by Todd Gitlin";
stmt.setString(1, name);
stmt.addBatch();
stmt.execute();

I would expect a row in the db with a name column of:

"Media Unlimited", by Todd Gitlin

Instead, though the row is added, the column is blank.