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BF&M drops 5%

BF&M Ltd. fell five percent (75 cents) to $14.25 on The Bermuda Stock Exchange (BSX) yesterday.The insurer traded 400 shares during the day.Butterfield Bank also declined 0.76 percent (one cent) to $1.29, with 2,300 shares changing hands.Overall, The Royal Gazette/BSX Index slipped 10.01 points (0.86 percent) to 1,149.19, as 2,700 shares worth $8,667 were transacted.The BSX Insurance Index also slid one point (0.1 percent) to 1,042.For more on the BSX, see www.bsx.com