Major Power Failure Shuts Down Caracas and Most of Venezuela People walk past an electrical substation run by Corpoelec, a state power corporation, in the Catia slum, regularly subject to state-mandated electricity rationing, in Caracas, Venezuela. (Photo: Meridith Kohut/Bloomberg)

A massive power failure extended into a second day in Venezuela, marking one of the worst blackouts in recent memory for a nation accustomed to persistent electricity problems.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.