Carrie Rupprath and Rachael Padgett Present the Regulatory Update at the Texas Insurance Update

Carrie Rupprath and Rachael Padgett, Shareholders at Maynard Nexsen, will present the Texas Regulatory Update at the S.S.A.P. Chat Live Insurance Industry Update in Texas. They will provide insights on the implications from the 2024 election and the 2025 Texas legislative outlook, with a particular focus on potential legislation affecting the insurance industry.

Learn more about Carrie Rupprath, Shareholder, Maynard Nexsen

Carrie is a Shareholder in Maynard Nexsen’s Insurance practice group. She represents clients with respect to regulatory issues, approvals and compliance matters. Her practice is primarily focused on representing clients in the insurance industry before Departments of Insurance throughout the country.

Carrie advises clients in the insurance industry with respect to a wide range of federal and state regulatory compliance issues and has significant experience representing clients with respect to approvals, licensing and compliance matters before the Texas Department of Insurance. She strategically counsels clients in insurance company acquisitions, complex financial transactions, and insurance investment issues. Carrie also has experience representing clients in the insurance industry in supervision, rehabilitation, conservation and liquidation proceedings, representing insurance clients in connection with filings and approvals required under the Texas Holding Company Act, and representing clients in the insurance industry in regulatory rulemaking proceedings.

Carrie provides legal and ethics advice to clients based on state administrative laws, specifically statutes, rules, and policies relating to the Texas Holding Company Act, the Administrative Procedure Act, the Open Meetings Act and the Public Information Act. She successfully drafted legislation during the 83rd Texas Legislative Session related to the implementation of the federal Non-Admitted and Reinsurance Reform Act.

Prior to joining Maynard Nexsen, Carrie worked at a full-service national law firm supporting corporate, insurance, and mergers & acquisitions work. Carrie holds a J.D., with honors, from the University of Texas School of Law. She earned her B.B.A. in Finance from the University of Texas at Austin.

Learn more about Rachael Padgett, Shareholder, Maynard Nexsen

Rachael leverages her industry knowledge and depth of experience to provide holistic strategic guidance to managed care plans and health insurance companies.

Rachael’s comprehensive understanding of the managed care industry allows her to provide her clients with legal advice that aligns with their business objectives. She regularly advises insurers, HMOs, and other managed care clients, including community health plans, on a broad range of regulatory and compliance issues, including licensing and expansion; product and network filings; network contracting and risk sharing arrangements; market conduct examinations; and other operational and compliance-related issues.

Rachael maintains effective and trusted working relationships with industry regulators. She views her practice as a partnership, where she commits the time to learn and master the details of her clients’ business and circumstances, as well as regulators’ expectations, and knows the best results are obtained through the active interchange of their combined knowledge and experience. Rachael’s greatest professional satisfaction comes from that collaboration and the challenges presented by an everchanging healthcare industry landscape.