Professional wrestler and reality TV personality Hulk Hogan is suing Wells Fargo Insurance Services for alleged malpractice, Florida court records show.
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"The layman's way to put it is, this is broker malpractice," Hogan's attorney Wil Florin told the newspaper.
The lawsuit reportedly says while Hogan had third-party auto liability insurance with a $250,000 limit per person injured, Wells Fargo neglected to suggest Hogan take out an umbrella policy to protect his assets.
"He delegated all of that to the trust of his insurance broker," Florin said.
Hogan recently paid a confidential settlement in a lawsuit brought against him by the Graziano family and is seeking to reimbursement for the money he was "unnecessarily required to pay as a result of the defendant's negligence," the Times quoted Florin's law firm as saying.