TMZ.com is reporting that Hulk Hogan has sued his insurance company Wells Fargo South East, claiming it put his $30 million fortune at risk for only paying out $250,000 to John Graziano, who was severely injured as a passenger in Nick Hogan’s 2007 car wreck. Hogan claims the $250,000 policy limit exposed him to personal liability in settling his case with the Graziano family and claims Wells Fargo never advised him to seek greater coverage, being that his teenage son was a high-risk driver. No word on how much Hogan is seeking from Wells Fargo East.
- Talk continues within TNA that Vince Russo will be scaling back his role as TNA’s head writer. While many will be glad to see somebody new take over, Russo is known for writing long, detailed scripts – and whoever gets that position will have a lot of segments to write each week. Hulk Hogan and Eric Bischoff have been editing Russo’s scripts each week, but neither one of them wants to write a full script from scratch each week. (Source: Wrestling Observer)