Siloam Springs Hotel, LLC, operates a Hampton Inn in Siloam Springs, Arkansas. Siloam bought insurance from Century Surety Co. to cover the hotel. When guests suffered injuries due to a leak of carbon monoxide from the heating element of an indoor swimming pool, Siloam filed a claim with Century. Century denied coverage, which Siloam disputed. Century asked a federal district court to resolve the dispute. In asserting that the federal court had jurisdiction, Century noted that the amount in controversy exceeded $75,000 and that the parties had complete diversity of citizenship. Century is "a corporation organized under the laws of Ohio, with its principal place of business in Michigan," and Siloam is "a corporation organized under the laws of Oklahoma, with its principal place of business in Arkansas." Can the court exercise diversity jurisdiction in this case? Discuss.