Santa Ana-based First American Financial Corp. reported title insurance and acquisitions boosted fourth-quarter revenue 11% to $1.5 billion.

Net income slipped to $81 million from $81.6 million in the same period a year earlier. The results included an expense of $66.3 million for the first phase of the company’s pension plan termination.

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Both the housing industry and the general economy should continue to improve in 2017 and benefit the company, Chief Executive Dennis Gilmore said in a statement.

Revenue from title insurance and services increased 10% to $1.4 billion, the statement said. Information and other revenue, which consist of fees associated with title search and related reports, climbed 17% to $188.9 million, aided by recent acquisitions of Forsythe Appraisals, RedVision and TD Service Financial.

First American shares were flat in recent trading and have climbed about 7.7% this year.