Hulk Hogan is fighting– but not in a ring. This time he’s in a battle with his ex-wife and his insurance company. Hogan, also known as Terry Bollea is suing his ex-wife Linda over insurance issues. Back in 2007, Hogan’s son Nick was in a car crash that seriously injured a passenger, John Graziano, according to reports. The insurance company, Wells Fargo Southeast, paid out its maximum coverage of $250,000, leaving Hogan and his family with the rest of the financial burden.

The Hogan family also faced legal battles over negligence. “The resulting personal injury damage to Graziano was ultimately far greater than Hogan’s policy limits of only $250,000 per injured person, and with no excess/umbrella insurance coverage, Hogan’s net worth was clearly exposed and unprotected,” the lawsuit, filed April 22, 2010 stated, according to reports.

According to reports Terry says Linda served as his business manager and was responsible for maintaining his insurance policy. That’s why he’s now suing her. Hogan’s lawyer Wil Florin was quoted in the St. Petersburg Times saying that while he “does not relish litigation with his ex-wife, her refusal to accept legal responsibility for her errors and omissions necessitates this action.” Hogan has recently remarried.

According to recent reports, the shares of some the United States’ major title insurers are falling in the wake of the country’s housing crisis. The drastic turn could mean higher claims as well as lower demand for homeowners’ insurance.

The broader decline in the markets came subsequent to the losses of Fidelity National Financial Inc, one of the largest title insurers reported serious third-quarter losses ($198.3 million or 95 cents a share). Not only were the Jacksonville, Florida-based company’s dividends halved but also it is reported that Fidelity management would be forced to cut a thousand jobs and lower pay scale for all workers by 10%.