Insurance Auto Auctions Announces Opening of Greenfield Facility in Baltimore, Maryland

WESTCHESTER, Ill.--Dec. 2, 20050, 2005--Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today announced the opening of a Greenfield facility in Baltimore, Maryland. This new 22-acre facility will provide much-needed capacity in eastern Maryland, leveraging nearby locations in Washington, D.C., Laurel, Maryland and Fredericksburg, Virginia. The new branch represents IAA's twenty-first location in the Mid-Atlantic region, further solidifying the company's footprint in the market. The Company's live auction Internet bidding technology, I-bid LIVE(sm), has been fully installed and is immediately operational at this new location.

"Due to the ongoing success of our expanded service offering and dual bidding strategy, in which we supplement our live auctions with a state-of-the-art live auction Internet bidding capability, we continue to generate the highest industry returns for our suppliers," said Tom O'Brien, CEO of IAA. "Over the past two years it has become clear that combining live auction Internet bidding with the live physical auction is an optimal method of generating the highest returns. Applying this successful formula in Baltimore will further ensure our success in the region as we continue to meet customer expectations on both service and returns. We look forward to the expected success of the new Baltimore location and further expansion in the region."

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. The Company currently has 81 sites across the United States.

Additional information about Insurance Auto Auctions, Inc. is available on the World Wide Web at www.iaai.com