First American Financial Corp.: The Santa Ana...

First American Financial Corp.: The Santa Ana title insurance company said third-quarter earnings dropped to $1.4 million from $5.3 million for the corresponding quarter last year. Revenue rose 5% to $185.9 million from $177 million. Earnings for the nine-month period declined to $2.8 million from $6 million for the like period in 1989. Revenue increased 4% to $534.9 million from $512.5 million. D.P. Kennedy, president, said that despite increased revenue, provisions for title losses and other claims continue to depress earnings.