Mild weather and positive commercial-pricing trends bolstered insurers 2013 results and, consequently, bonus payouts are largely up for the year. But the success of 2013 may set the bar considerably high for bonuses in 2014.

The industry is recognizing the need to leverage data and analytics, and must hire the talent with analytical know-how to improve profitability.

The U.S. Court of Appeals for the Eighth Circuit has affirmed a district court decision reforming a commercial insurance policy to include an exclusion that the insurance company had inadvertently omitted.