A year in which financial transactions, such as payment of claims, take place; the calendar year is the period from January 1 through December 31.
California Department of Insurance.
A grouping of distinct and identifiable occupations, industries or businesses. There are approximately 500 different classifications defined in the Standard Classification System of the California Workers' Compensation Uniform Statistical Reporting Plan—1995.
A provision in the California Workers' Compensation Experience Rating Plan—1995 that requires the experience of separate entities to be combined for experience rating when the same person or persons own(s) a majority interest in each of the entities.
California Workers' Compensation Institute; a non-profit organization of insurers licensed to write workers' compensation insurance in California, as well as public and private self-insured employers who serve as associate members.