A man whose left leg was amputated below the knee after a northwest Indiana motorcycle crash last year has settled his lawsuit for $5.25 million.William Hood, now 66, was riding southbound on July 28 after 9 p.m. on Indiana State Road 49 near Chesterton, Ind. when John V. Peterson, driving northbound in a Mercedes-Benz with his wife, attempted a left turn across the southbound lanes.Instead of completing the turn, Peterson hit Hood on his Harley-Davidson motorcycle.Hood required his left leg amputated below the knee and …