(a) Sections 1070, 1070.5, 1070.6, 1071.5, 1072, and 1076 shall be applicable to underwritten title companies. (b) The following terms from Sections 1070, 1070.5, 1070.6, 1071.5, 1072, and 1076 shall be applicable to underwritten title companies as follows: (1) âCertificate of Authorityâ shall mean an underwritten title company license. (2) âInsurerâ shall mean an underwritten title company. (3) âReinsurerâ shall mean a title underwriter or another underwritten title company. (c) For the purposes of this section, Sections 1070, 1070.5, 1070.6, 1071.5, 1072, and 1076 shall be construed in accordance with the nature of underwritten title companies and the business of title insurance.
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