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                                                                      EXHIBIT 15
 
The Board of Directors
First American Corporation
 
With respect to this Registration Statement on Form S-4, we acknowledge our
awareness of the use therein of our reports dated April 20, 1995 and July 20,
1995 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,
 
                                          /s/  KPMG Peat Marwick LLP
 
Nashville, Tennessee
August 14, 1995