New Jersey Agent Stults Honored with Woodworth Memorial Award

May 9, 2017

The Independent Insurance Agents & Brokers (IIABA or the Big “I”) has awarded Charles “Cappy” Stults with the Woodworth Memorial Award, the highest honor the association bestows on one of its members, during the annual Big “I” Legislative Conference.

Stults is president of Allen & Stults Co. Inc. in Hightstown, New Jersey.

The Woodworth Memorial Award recognizes the meritorious and outstanding contributions of an independent agent or broker to the national association, to his or her Big “I” colleagues and to the insurance industry.

Left to Right: Bob Rusbuldt, Big “I” president & CEO; Cappy Stults, president of Allen & Stults; and Spencer Houldin, Big “I” chairman
Photo credit: Marty LaVor

Stults started his service to the Big “I” by founding the New Jersey Young Agents Committee in 1974. He went on to become one of the most active members in the history of the Independent Insurance Agents & Brokers of New Jersey (IIABNJ). Stults was state president, a position also held by his father and grandfather, and was New Jersey’s director on the national board of directors. He still continues his service to the Garden State Big “I” as a member of the IIABNJ Finance Committee.

At the national level, Stults has served in numerous capacities, including as chairman of the IIABA Finance Committee and chairman of the IIABA Bylaws Committee. He was a driving force behind starting the Big “I” Reinsurance Corporation and also served as chairman of the board.

Stults is active in his community and has served on numerous boards for charitable organizations and civic groups. He has been active in his town council, the Chamber of Commerce, Masonic Lodge, YMCA, Rotary Club and Piercefield Conservators.

The Woodworth Award was established in 1925 in memory of C.H. Woodworth of Buffalo, N.Y., the second president of the association. It is awarded to the Big “I” member who best demonstrates outstanding service benefiting independent insurance agents and the entire insurance industry.

Source: The Independent Insurance Agents & Brokers of America

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