Outlook 2013 + email update password issue, these are the steps to re-enter your Outlook password when it prompts you in the cloud.
1. go to account settings ->More Settings -> security -> check require password
2. close outlook
3. open outlook -> re-enter password
4. go to account settings -> More Settings -> security -> uncheck require password
5. close outlook
6. open outlook *( shouldn't require password )*