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.