Law no. 1 of 2023 and Law no. 40 of 2014 Analysis of Corporate Punishment in Insurance Crime
Keywords:
Criminal Liability, Corporate, Insurance Crime, Law Number 1 of 2023Abstract
The Insurance Law and Criminal Code regulate criminal acts such as fraud during insurance agreements and claims. However, before Law no. 1 of 2023, criminal liability only applies to individuals, not corporations. The law specifically stipulates corporate criminal liability in insurance, allowing prosecution of corporations and their managers. Cumulative criminal threats are difficult to apply to corporations because they apply to the management, not the corporation itself. This research is normative law which explores legal regulations, principles and norms. The aim is to understand corporate criminal liability in the insurance sector in Indonesia accurately.
Keywords:Criminal Liability, Corporate, Insurance Crime, Law Number 1 of 2023
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