Patricia Born

Payne H. & Charlotte Hodges Midyette Eminent Scholar in Risk Management & Insurance
Patricia Born
233-E RBB
Academic Specialty
Insurance Economics

Ph.D., Duke University, 1994
M.A., Duke University, 1991
B.A., Michigan, 1986

Areas of Expertise

Insurance Regulation
Health Insurance
Catastrophe Modeling

Dr. Patricia Born is the Midyette Eminent Scholar in Risk Management and Insurance in the Department of Risk Management/Insurance, Real Estate and Legal Studies at Florida State University’s College of Business. She also serves as an is advisor of the Ph.D. Program with a major in risk management. 

Her research interests include insurance market structure and performance, professional liability, health insurance and the management of catastrophic risks. She has published in leading insurance academic journals, including Journal of Risk and Uncertainty, Journal of Risk and Insurance, Journal of Regulatory Economics, Columbia Business Law Review, and the Journal of Business and Economic Statistics. Born is a member of the board of the American Risk and Insurance Association and serves on the editorial board of the Risk Management and Insurance Review and Journal of Insurance Issues. She also serves as chair of the Florida Panhandle District Long Term Care Ombudsman Council. 

Born received her bachelor’s degree in economics from the University of Michigan and her master’s and doctoral degrees in economics from Duke University.

Selected Published Research

Aseervatham, V., Born, P., Lohmaier, D., & Richter, A. (2017). Hazard-Specific Supply Reactions in the Aftermath of Natural Disasters. Geneva Papers on Risk and Insurance-Issues and Practice 42(2).

Born, P. (2017). The Influence of Tort Reform on Auto Liability Losses and Premiums. Journal of Insurance Issues 40(1).

Born, P. H., Karl, J. B., & McCullough, K. (2016). Commercial Insurers' Participation in Public Health Insurance Programs. Journal of Insurance Regulation 35(4).

Born, P., & Karl, J. B. (2016). The Effect of Tort Reform on Medical Malpractice Insurance Market Trends. Journal of Empirical Legal Studies 13(4).

Born, P., Karl, J. B., & Viscusi, W. K. (2016). The Relationship between the Markets for Health Insurance and Medical Malpractice Insurance. Applied Economics 48(55)

Born, P., & Klein, R. (2016). Catastrophe Risk and the Regulation of Property Insurance Markets. Journal of Insurance Regulation 35(5).

Born, P., & Puelz, B. (2016). Are Preferences for Structured Settlements Consistent with the Loss-Minimization Objective of Tort Law? Journal of Insurance Issues 39(2).

Lee, I., Jung, H., & Born, P. (2016). Insurance Market Development and Income Inequality. International Review of Financial Consumers.

Born, P., Dumm, R., & Eger, R. (2015). Developing a Framework for Financial Achievability of Department of Transportation Research and Development Projects. Transportation Research Record, 2480, 16.

Bohnert, A., Born, P., & Gatzert, N. (2014). Dynamic Hybrid Products in Life Insurance: Assessing the Policyholders' Viewpoint. Insurance: Mathematics and Economics 59.

Neale, F., & Born, P. H. (2014). The Differential Effects of Non-Economic Damage Cap Levels on Medical Malpractice Insurers. Risk Management and Insurance Review 17(2).

Born, P. H., & Klimaszewski-Blettner, B. (2013). Should I Stay or Should I Go? The Impact of Natural Disasters and Regulation on U.S. Property Insurers' Supply Decisions. Journal of Risk and Insurance 80(1).

Interesting Facts

Visiting lecturer at Ludwig-Maximilians-Universitat (Munich, Germany), Fudan University (Shanghai, PRC), Shanghai Normal University (Shanghai, PRC)

Associate of the Munich Risk and Insurance Center, the FSU Center for Innovative Collaboration in Medicine and Law and the FSU Institute for Successful Longevity

Courtesy Professor, FSU College of Law

Honors and Awards

Spencer-Kimball Award (2012) - Journal of Insurance Regulation, National Association of Insurance Commissioners.

Donald Hardigree Best Paper Award - Journal of Insurance Issues, Western Risk and Insurance Association (2005).