New Jersey Statutes Title 17B. Insurance 17B § 27B-15

a. the administrator is insolvent or impaired;

b. a proceeding for receivership, conservatorship, rehabilitation or other delinquency proceeding regarding the administrator has been commenced in another state; or

c. the financial condition or business practices of the administrator otherwise pose an imminent threat to the public health, safety or welfare of the residents of this State.