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BH Properties Closes 100 Acre Land Transaction for $8.8 Million

INDIO, Calif. -- INDIO, Calif. - June 23, 2014 - (RealEstateRama) -- BH Properties LLC, a Los Angeles-based commercial real estate investment firm, has completed an $8.8 million transaction for approximately 100 acres of land located in Indio, California. The property, which was owned by Wells Fargo Bank, is located at 42nd Avenue and Monroe Street adjacent to Interstate 10.

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State Insurance Regulators Meet with FEMA Review Council at White House

With authorization for the National Flood Insurance Program (NFIP) expiring later that same day, members of the National Association of Insurance Commissioners (NAIC) met with members of the Federal Emergency Management Agency (FEMA) Review Council at the White House. During the meeting, NAIC members reiterated several longstanding priorities for state insurance regulators.