Studies from University Business Academy in Novi Sad Provide New Data on Commercial Law (Insurance Fraud As A Form of Economic Crime And The Methods For Combating It): Legal Issues – Commercial Law

2023 JUL 06 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily -- Research findings on commercial law are discussed in a new report. According to news originating from the University Business Academy in Novi Sad by NewsRx correspondents, research stated, “Dealing with the topic of economic crime in insurance is very complex and therefore challenging.”

The news editors obtained a quote from the research from University Business Academy in Novi Sad: “One of the first challenges concerns the definition of economic crime. Namely, economic crime represents a multi-layered phenomenon which must, in terms of the definition of the basic features, be adapted to the specific requirements of a given society. One of the forms of economic crime, which is very common in practice, certainly refers to abuse in the field of insurance. The most common, and at the same time the only form of economic crime in the field of insurance foreseen by law, is insurance fraud.”

According to the news editors, the research concluded: “After the conceptual determination of economic crime as well as its basic features, this paper presents a review of the key issues related to the topic of the paper, which includes the phenomenological definition of insurance, the importance of the existence of insurance, insurance fraud as a form of economic crime, as well as the methods for combating it.”

For more information on this research see: Insurance Fraud As A Form of Economic Crime And The Methods For Combating It. Pravo, 2023,40(2). The publisher for Pravo is University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary.

A free version of this journal article is available at https://doi.org/10.5937/ptp2302124C.

Our news journalists report that additional information may be obtained by contacting Teodora Cordarov, PhD candidate at the Faculty of Law for Commerce and Judiciary, University Business Academy in Novi Sad, Serbia. Additional authors for this research include Marija Malinovic, Mladen Ceranic.

(Our reports deliver fact-based news of research and discoveries from around the world.)