The Florin/Roebig Law Firm in Florida has announced that Terry "Hulk Hogan" Bollea filed an amended lawsuit in Pinellas County Florida Circuit Court today against Wells Fargo Insurance Services Southeast and Wells Fargo Insurance Services, USA. Also included was his ex-wife Linda. This goes back to the August 27, 2007 accident where Hogan's son Nick was driving Hogan's car, crashed and seriously injured his friend John Graziano. As you may remember, the Graziano family filed suit, and it was then that it was discovered that Hogan was only insured for $250,000 in personal liability. There was no insurance to protect his then $30 million fortune.
During the couple's divorce proceedings, Linda said she was Hulk Hogan's Business Manager and thus asserts that the threesome owed Hogan a "fiduciary duty under Florida law to act in his best interest in regard to adequately protecting his assets in the event of a potential third party liability claim against him for automobile accidents involving vehicles own by Hogan" Basically, it claims that all parties had the responsibility to inform Hogan that he needed to have more insurance. Back in March of this year, Hogan settled with the Grazianos for more than the $250,000 that he was insured. He now claims that the excess amount he was forced to pay was due to the three parties not doing their duties. He is suing for a full recovery of funds.
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