Whois & Analysis for wcirb.com

Workers' compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.

The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain".

One of the problems that the compensation bargain solved is the problem of employers becoming insolvent as a result of high damage awards.

The system of collective liability was created to prevent that, and thus to ensure security of compensation to the workers.

Individual immunity is the necessary corollary to collective liability.

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions.

Actuaries are professionals who are qualified in this field through intense education and experience.

In many countries, actuaries must demonstrate their competence by passing a series of thorough professional examinations.

A system is a set of interacting or interdependent component parts forming a complex or intricate whole.

Every system is delineated by its spatial and temporal boundaries, surrounded and influenced by its environment, described by its structure and purpose and expressed in its functioning.

Information is that which informs.

In other words, it is the answer to a question of some kind.

It is thus related to data and knowledge, as data represents values attributed to parameters, and knowledge signifies understanding of real things or abstract concepts.

As it regards data, the information's existence is not necessarily coupled to an observer (it exists beyond an event horizon, for example), while in the case of knowledge, the information requires a cognitive observer.

California is the most populous state in the United States and the third most extensive by area.

Located on the western (Pacific Ocean) coast of the U.S., California is bordered by the other U.S. states of Oregon, Nevada, and Arizona and shares an international border with the Mexican state of Baja California.

The state capital is Sacramento.

Los Angeles is California's most populous city, and the country's second largest after New York City.

The Los Angeles Area and the San Francisco Bay Area are the nation's second- and fifth-most populous urban regions, respectively.

California also has the nation's most populous county, Los Angeles County, and its largest county by area, San Bernardino County.