The Ohio Supreme Court has ordered the state's Department of Insurance to rule on a Huntington Bancshares unit's application for a property insurance license.

The order, handed down last Wednesday, ends a standoff between the department and the Columbus-based banking company, which applied for both property and life insurance licenses in April 1993. But the court left it up to the department's superintendent to decide on the merits of the applications.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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