One of the NAIC's key modernization initiatives — the interstate product compact that applies to life, annuity, disability and long-term care products — is now up and running. Thirty states have signed on (50% of premium volume, with more in the pipeline). The Compact's new executive director is Fran Arricale, headquartered in Washington, DC. She reported on the Compact's plans and activities so far at the NOLHGA Legal Seminar in San Francisco in July.