WASHINGTON - The Supreme Court agreed Wednesday to decide whether states can prevent national banks from selling insurance, promising to resolve years of squabbling between the two industries.

The justices accepted a case pitting Barnett Banks Inc. against the Florida insurance commissioner, who is trying to block the bank from the lucrative market. Insurance premium revenue topped $773 billion in 1993.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.