Teleconference Alert: Insurance Auto Auctions Fourth Quarter 2000 Earnings

    SCHAUMBURG, Ill., March 26 Insurance Auto Auctions, Inc.
, will hold a conference call with institutional investors,
security analysts and other interested parties at 11:00 AM EST on March 28,
2001 to discuss its fourth quarter results which will be released earlier that
day.  Insurance Auto Auctions' President and Chief Executive Officer, Thomas
C. O'Brien and Controller and Chief Accounting Officer, Mark W. Russell will
co-host the call.

    To participate by phone, please dial:

    703-871-3073

    Callers should ask to be connected to the Insurance Auto Auctions earnings
conference call.

    The call will also be broadcast over the Internet at
http://www.streetfusion.com .
    *Please allow 15 minutes to register, download and install any necessary
audio software.

    A replay will be available until midnight EDT on April 4, 2001.  To listen
to the replay, please dial:

    703-925-2435

    To listen to the replay, callers should enter conference reservation code
5107113 when prompted.

    About Insurance Auto Auctions, Inc.
    Insurance Auto Auctions, Inc., founded in 1982, a leader in automotive
total loss and specialty salvage services in the United States, provides
insurance companies with cost-effective, turnkey solutions to process and sell
total-loss and recovered-theft vehicles.  This is a $3 billion per year
industry.  The company currently has 58 auction sites across the United
States.
    For additional information regarding Insurance Auto Auctions free of
charge via fax, dial 1-800-PRO-INFO and use the company's stock symbol,
"IAAI."
    Additional information about Insurance Auto Auctions, Inc. is available on
the World Wide Web at http://www.iaai.com .