Fred Loya El Paso TX Obituary, Death – Founder of Fred Loya Insurance Group Fred Loya Sr has passed away – The El Paso business community and beyond are mourning the loss of Fred Loya Sr., the respected entrepreneur and founder of Fred Loya Insurance Group, who passed away on February 21, 2026. His death marks the end of a remarkable life and career that left a lasting imprint on both the insurance industry and the community he served.
Born in Santa Ana, California, to a family of immigrants, Fred Loya’s early experiences instilled in him a tireless work ethic and a deep commitment to serving others. After gaining experience as an agent with Farmers Insurance in the 1970s, he followed his entrepreneurial spirit and established Fred Loya Insurance Group in 1974. His vision was clear from the start: provide accessible and affordable insurance coverage to communities often overlooked by mainstream companies.
Under his leadership, the company grew from a small start-up into one of the most recognized Hispanic-owned insurance enterprises in the United States. By the 1990s and early 2000s, Fred Loya Insurance was issuing its own policies and expanding into multiple states, with its headquarters firmly rooted in El Paso. The company became a significant regional employer, providing jobs and services to thousands of residents.
In the early 2000s, Loya passed the reins of the business to his children, entrusting them with its continued success and evolution. His legacy of entrepreneurship and community service continued to shape the company’s direction long after his retirement.
Beyond his business achievements, Fred Loya was deeply connected to the El Paso community. For many years, his family home became the site of one of the city’s most beloved holiday traditions, a dazzling Christmas light show that drew visitors from across the region and became a symbol of festive joy and generosity.
Colleagues, friends, and community members have expressed their condolences and reflections on Loya’s life, highlighting not only his entrepreneurial success but also his commitment to giving back. His passing is being felt across many sectors of the El Paso area, where his contributions extended well beyond the insurance industry.
At this time, details regarding memorial services and funeral arrangements have not been publicly announced. Family and loved ones are expected to share plans as they are finalized.
Fred Loya Sr.’s legacy is one of dedication, resilience, and service, a life defined by building opportunities for others and contributing to the community he loved. His impact will be remembered by many who knew him personally, worked with him professionally, or benefited from his vision and generosity.