Insurance

Court battle costs broker everything

Tuesday 22nd of March 2016

David McGuffie was this month cleared of four charges of dishonestly filing claims with Pinnacle Life, Asteron, Tower and AIA.

He owned Advanced Insurance in Napier, which was put into liquidation early 2014. McGuffie went bankrupt.

McGuffie said his trouble started in 2009 when he had his agency agreement terminated by Fidelity Life after he moved a number of clients to another i...

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