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                                   EXHIBIT 15





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                                                                      EXHIBIT 15










The Board of Directors
First American Corporation

Re:  Form S-8 Filing for the First American Corporation
     First Incentive Reward Savings Thrift Plan


With respect to the subject registration statement, we acknowledge our
awareness of the use therein to our reports dated October 21, 1994, July 21,
1994, and April 21, 1994 related to our reviews of interim financial
information.

Pursuant to Rule 436(c) under the Securities Act of 1933, such reports are not
considered part of a registration statement prepared or certified by an
accountant or a report prepared or certified by an accountant within the
meaning of sections 7 and 11 of the Act.

                                     Very truly yours,



                                     KPMG Peat Marwick LLP
                                     /s/ KPMG Peat Marwick LLP


Nashville, Tennessee
January 19, 1995