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Tennessee Department of Commerce & Insurance Names Regulatory Board Executive Director as New Director of Business Development

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NASHVILLE — The Tennessee Division of Commerce & Insurance coverage (“TDCI”) proudly proclaims that Michael Schulz has been promoted to the place of Director of Enterprise Growth for TDCI’s Insurance coverage Division.  

Schulz has served as Govt Director for six regulatory packages inside TDCI’s Division of Regulatory Boards since becoming a member of the Division in 2020. He’ll succeed Joshua Clark, who’s returning to the non-public sector after becoming a member of TDCI in 2020.  

As TDCI’s Director of Enterprise Growth for the Insurance coverage Division, Schulz will concentrate on increasing the usage of captive insurance coverage corporations as a threat administration resolution for companies with the intention to appeal to new captives to Tennessee.   

Captive insurance coverage is an choice for corporations of all sizes which are searching for to self-insure sure elements of their enterprise. At the moment, Tennessee is ranked as the tenth largest captive domicile worldwide and is the 6th largest captive domicile in the USA with over 500 energetic risk-bearing entities and an annual gross written premium exceeding $2.1 billion. 

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“Throughout Joshua’s tenure, Tennessee’s presence within the captive insurance coverage market grew at an distinctive tempo, and we want him the most effective in his new position again within the non-public sector,” mentioned Captive Insurance coverage Part Director Jonathan Habart. “This stage of transition would possibly usually require a time-consuming nationwide search with the intention to discover somebody with the abilities wanted to fill that position. Nonetheless, TDCI is blessed to have a deep bench of educated, proficient workers members like Michael who can ably step into new roles when the chance presents itself. I’m assured that Michael will deliver much more consideration to the Volunteer State in his new place as Director of Enterprise Growth.” 

Earlier than becoming a member of TDCI, Schulz had a diversified profession within the non-public and public sectors. Previous to becoming a member of TDCI, Schulz labored within the insurance coverage and monetary companies industries, concurrently holding a Tennessee insurance coverage producer’s license in addition to FINRA (“Monetary Business Regulatory Authority”) Collection 6 and 63 licenses. Schulz labored as the advertising director for LocalShares, LLC, a brokerage agency that suggested the Nashville Space ETF. Whereas at LocalShares, Schulz managed the brokerage’s outreach, together with supervising its advertising and promoting efforts, and served because the agency’s liaison to the U.S. Securities and Trade Fee, amongst different duties.  

Schulz spent greater than a decade working with former Tennessee Senator Lamar Alexander first in Alexander’s Washington, D.C. workplace as assistant press secretary and legislative correspondent after which later transferring again to Tennessee to imagine operations of Alexander’s Nashville district workplace as discipline consultant.  

As a part of his new position, Schulz will work carefully with the Tennessee Captive Insurance coverage Affiliation to assist that group in its position of selling captive insurance coverage throughout the state. 

“I’m extraordinarily assured in Michael’s means to proceed with the latest successes that Tennessee’s captive insurance coverage sector has seen,” mentioned Tennessee Captive Insurance coverage Affiliation President Kevin Doherty. “I look ahead to working with him and persevering with to develop Tennessee’s status as one of many premier captive domiciles on the earth.” 

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Stated Schulz: “I’m humbled by this chance to serve Tennesseans and proceed to contribute to our state’s prosperity on this new position, and there’s no query that I’ve huge footwear to fill with Joshua’s departure. My background, data, and experiences have put me in an amazing place to fulfill the challenges forward and convey constructive consideration throughout the USA and past to captive insurance coverage in Tennessee.” 

A high-resolution portrait of Schulz will be downloaded right here.  

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Tennessee

Tennessee fourth graders show big gains on state literacy tests as third graders hold steady | Chattanooga Times Free Press

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Tennessee fourth graders show big gains on state literacy tests as third graders hold steady | Chattanooga Times Free Press


This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters.

Tennessee fourth graders showed significant improvement on state tests for English language arts, while third grade scores were mostly steady after achieving historic gains last year, state officials said Thursday.

Fourth grade proficiency increased by 2.9 percentage points to an overall rate of 46.4%, while third grade proficiency improved by a half percentage point to 40.9% on tests used by the state to gauge reading levels under the Tennessee Comprehensive Assessment Program.

The rates are the highest since the state raised its academic standards in 2010 after receiving an “F” in 2007 from the U.S. Chamber of Commerce for low academic expectations and for truth in advertising on its K-12 public education performance.

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The state education department also reported fewer fourth graders scored “below expectations,” the bottom category for gauging proficiency.

However, the third grade scores put about three-fifths of those students at risk of being held back under Tennessee’s 2021 reading and retention law. Most of them still may advance, however, based on do-over test results and participation in various intervention options.

(READ MORE: Parents feared Tennessee’s new reading law would hold back thousands of students; that didn’t happen)

Last year, of the 60% of third graders who fell short of the state’s proficiency benchmark, only 1.2% were held back due to interventions, exemptions and an appeals process.

In Memphis-Shelby County Schools, the state’s largest district, officials reported students made gains in both pivotal grades, with the most pronounced improvement by third graders.

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English language arts proficiency went up 3 percentage points to 26.6% for third graders and by 1.8 percentage points to 28.5% for fourth graders. But new Superintendent Marie Feagins said the improvements weren’t enough.

“Literacy is the anchor to the success that our 110,000 students deserve to experience,” Feagins said in a statement. “Thus, these data further support the need to direct more district resources directly to classrooms, with a target emphasis on a comprehensive literacy approach at every grade level.”

In a news release, Gov. Bill Lee credited the state’s comprehensive literacy strategy, including early investments in tutoring to help struggling readers improve after the pandemic disrupted schooling in 2020. Education Commissioner Lizzette Reynolds praised the hard work of students, educators and families.

“As we continue our work to ensure that all Tennessee students can read at grade level, we remain committed to supporting teachers and empowering families with multiple pathways to achievement so every student can thrive in their academic journey,” Lee said.

The education department did not publicly release the data behind its report as it usually does. Spokesperson Brian Blackley said it will be published soon but could not give a specific date.

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RETENTION DECISIONS

Data on how many third and fourth graders will be held back as a result of the scoring won’t be released until late summer before school starts, under tougher retention policies approved by the legislature after the pandemic.

“There are a lot of different pathways for student promotion, and some of those haven’t even occurred yet,” Blackley said, citing summer learning programs and third grade TCAP retakes that are still being scored.

A parent, guardian or educator of a third grader who scored just below proficiency also can submit an appeal to the education department until June 28 based on certain conditions.

For students completing fourth grade who are at risk of retention, the state is to release its calculations by July 1 on whether they showed enough improvement to advance. If not, the parent or guardian must meet with their child’s teacher and principal to make that call. But many educators and parents have already been meeting to discuss those options and make plans.

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(READ MORE: Governor signs Tennessee law letting parents, educators make final 4th grade retention decisions)

LOW RATES

Third grade is considered a critical year for reading because literacy is foundational to all subsequent learning. But reading scores have historically been mostly stagnant in Tennessee, with only about a third of the state’s third graders meeting the law’s high threshold for proficiency based on state tests.

For several decades, the state tried various strategies to move the needle, and with limited success.

After the pandemic, the state invested $100 million in COVID-19 relief and federal grant funding to provide school systems with optional reading resources and support.

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And during a special session called by Lee in 2021 to address pandemic-related learning losses, the legislature passed several laws to jump-start the state’s literacy work. Among them: prioritizing reading improvements and investments in grades K-3, creating new tutoring and summer school programs, training teachers on the “science of reading,” including an emphasis on phonics and — most controversial of all — strengthening retention requirements for grades three and four based on the results of TCAP testing in English language arts.

After getting significant pushback from parents and educators, lawmakers have revised the state’s retention laws several times to allow more students in those grades to advance.

Last month, the governor signed legislation to let each fourth grader’s parents, teacher and principal decide collectively whether a student should be held back due to a second straight year of low reading scores, even after a year of tutoring.

The department expects to release statewide and district-level TCAP data in all testing subjects by the end of the summer.

Marta Aldrich is a senior correspondent and covers the statehouse for Chalkbeat Tennessee. Contact her at maldrich@chalkbeat.org.

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Chalkbeat is a nonprofit news site covering educational change in public schools.



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Photos offer a glimpse of Bonnaroo music festival in Tennessee – WBBJ TV

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Photos offer a glimpse of Bonnaroo music festival in Tennessee – WBBJ TV


MANCHESTER, Tenn. (AP) — The Bonnaroo Music & Arts Festival is underway in Tennessee, bringing tens of thousands of fans to a 700-acre farm campground and concert venue for more than 150 performances this weekend. Red Hot Chili Peppers, Post Malone and Pretty Lights are among those headlining the sprawling annual event.

Concertgoers were facing a hot, sunny weekend at the Bonnaroo grounds some 60 miles (97) kilometers southeast of Nashville. The four-day annual festival, which kicked off Thursday, features live music on more than 10 stages. The performances run through the night and into early morning, including sunrise sets.

Post Malone performs during the Bonnaroo Music & Arts Festival on Friday, June 14, 2024, in Manchester, Tenn. (Photo by Amy Harris/Invision/AP)

Other performers include Megan Thee Stallion, Cage The Elephant, Maggie Rogers, Melanie Martinez, Khruangbin, Fred again, Cigarettes After Sex, Jason Isbell and the 400 Unit, Diplo and Carly Rae Jepsen.

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Bonnaroo debuted on a rural Tennessee farm more than two decades ago. Over the years, it has featured a diverse lineup from Elton John and Jay Z to Paul McCartney, DeadMau5 and Bruce Springsteen. It also features a 24-hour cinema, comedy club, beer festival and theater performers.

Bonnaroo’s annual attendance is around 80,000 people. Some of this year’s acts will be streamed on Hulu.

Find more Tennessee news, click here.





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Photos offer a glimpse of Bonnaroo music festival in Tennessee

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Photos offer a glimpse of Bonnaroo music festival in Tennessee


The Bonnaroo Music & Arts Festival is underway in Tennessee, bringing tens of thousands of fans to a 700-acre farm campground and concert venue for more than 150 performances this weekend.

Red Hot Chili Peppers, Post Malone and Pretty Lights are among those headlining the sprawling annual event.

Concertgoers were facing a hot, sunny weekend at the Bonnaroo grounds some 60 miles southeast of Nashville.

The four-day annual festival, which kicked off Thursday, features live music on more than 10 stages.

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The performances run through the night and into early morning, including sunrise sets.

Other performers include Megan Thee Stallion, Cage The Elephant, Maggie Rogers, Melanie Martinez, Khruangbin, Fred again, Cigarettes After Sex, Jason Isbell and the 400 Unit, Diplo and Carly Rae Jepsen.

Bonnaroo debuted on a rural Tennessee farm more than two decades ago.

Over the years, it has featured a diverse lineup from Elton John and Jay Z to Paul McCartney, DeadMau5 and Bruce Springsteen.

It also features a 24-hour cinema, comedy club, beer festival and theater performers.

Advertisement

Bonnaroo’s annual attendance is around 80,000 people.

Some of this year’s acts will be streamed on Hulu.

With heat indexes projected to approach triple digits, medical crews treated various heat-related conditions while some revelers constructed elaborate canopy and tent combinations for shade; others had their sunscreen confiscated upon entry because of restrictions on full-sized bottles and aerosol cans, The Tennessean reported.



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