Unless the context otherwise requires, the terminology and nomenclature used throughout these rules are the same as in the Insurance Code of the State of California. See especially Sections 1 to 42, inclusive, ib. containing definitions; also Sections 101 to 123 ib. defining classes of insurance. Words of art are used with the meaning currently attributable to them in the insurance industry.
Cal. Code Regs. Tit. 10, § 2601.03