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Question
National Insurance Company (NIC) insures Omega, Inc.'s assets under a policy that states any "amendment" must be approved by NIC and signed by Omega. In renewing the policy, NIC insists on an "amendment" excluding coverage for flood damage. Omega signs the amendment. Based on the court's reasoning in Case 10.3, Citizens Communications Co. v. Trustmark Insurance, if flood damage occursa. NIC must pay Omega because the amendment does not meet the policy's conditions.
b. NIC must pay Omega because the policy predates the amendment.
c. Omega must suffer the loss because the amendment meets the policy's conditions.
d. Omega must suffer the loss because the policy predates the amendment.
Answer
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