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You are here: Home / Archives for Insurance Auto Auctions

IAA Expands in California and Massachusetts

December 18, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced it increased capacity at its IAA High Desert branch located in Hesperia, Calif. and the overall Boston, Massachusetts market. This investment will increase the IAA High Desert branch’s inventory space by more than 60 percent, adding capacity to the overall Los Angeles market. Additionally, the Boston market will see a […]

Filed Under: News Tagged With: California, Insurance Auto Auctions, Massachusetts, Openings

IAA Announces Third Quarter Revenue Down 5.4%

November 3, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced consolidated revenues decreased 5.4% to $338.0 million from $357.3 million in the third quarter of fiscal 2019 that ended September 27. Foreign currency movements had a positive impact of less than $0.1 million on revenue for the third quarter of fiscal 2020. Third quarter revenue through July 2020 includes $1.1 […]

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions

Progressive’s Eighth Annual Keys to Progress Giveaway Marks 750 Vehicles Donated to Military Families

October 30, 2020 By CollisionWeek Editor

For the eighth consecutive year, Progressive Insurance will continue its annual Keys to Progress vehicle donation on November 5. In advance of Veterans Day, 45 veterans in need across the country and their families will receive the keys to vehicles that will provide reliable transportation, helping them get back on the road and move forward […]

Filed Under: News Tagged With: Enterprise Rent-A-Car, Insurance Auto Auctions, Progressive Insurance, Recycled Rides

IAA Breaks Ground on New Locations in Colorado, Florida and New Jersey

October 29, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced breaking ground for three new branch locations in Colorado Springs, Colo., West Palm Beach, Fla. and Port Murray, N.J. These real estate investments will expand IAA’s footprint count across the three states to 21 locations. The new West Palm Beach and Port Murray locations will also strategically enhance IAA’s ability […]

Filed Under: News Tagged With: Colorado, Florida, Insurance Auto Auctions, New Jersey, Openings

IAA Expands Branches in Maryland and Virginia

October 23, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of its Baltimore, Md. and Culpeper, Va. branch locations. The additional acreage at these two locations will accommodate strong customer demand and increased inventory needs for the growing East Coast market. These expansions will increase the capacity of the 60 branches in this market.  “Fueled by our industry […]

Filed Under: News Tagged With: Insurance Auto Auctions, Maryland, Openings, Virginia

IAA Awarded Patent for System and Method of Auction Management

October 21, 2020 By CollisionWeek Editor

U.S. Patent Number 10,810,659

IAA, Inc. (NYSE: IAA) announced it has been awarded a patent by the U.S. Patent and Trademark Office for a “SYSTEM AND METHOD OF AUCTION MANAGEMENT.” The patent contains 20 claims that protect and recognize the innovations developed by IAA for the company’s AuctionNow platform, which allows online auction participants to monitor and bid in […]

Filed Under: News Tagged With: Insurance Auto Auctions, Patents

IAA Relocates St. Louis East Branch to Larger Facility

October 19, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the relocation and expansion of its St. Louis East branch to Caseyville, Illinois. This new location, approximately twelve miles from St. Louis, Mo., updates the branch facilities and supports IAA’s growth in this expanding market. The new site accommodates the increased capacity needs of the company’s customers.  “IAA is pleased […]

Filed Under: News Tagged With: Illinois, Insurance Auto Auctions, Openings

IAA Opens New Location in Los Angeles Market

October 6, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced a new branch location in the Los Angeles, California market. Increasing IAA’s significant footprint in the area, this new location will serve the expanding needs of local selling clients.  “The new IAA Los Angeles South branch provides needed additional storage inventory space in this key market,” said Tim O’Day, President […]

Filed Under: News Tagged With: California, Insurance Auto Auctions, Openings

DDI Technology Announces Office Move

September 2, 2020 By CollisionWeek Editor

DDI New Office

DDI Technology (DDI), the automotive title management and technology firm and a subsidiary of IAA, Inc. (NYSE: IAA) announced the opening of the company’s new 16,500 sq. ft. corporate offices just in Irmo, S.C. outside of Columbia. The new, more modern facility will provide needed additional space for growth and future expansion.  “The new office […]

Filed Under: News Tagged With: DDI Technology, Insurance Auto Auctions, Openings, South Carolina

IAA Names Andrew Albrecht as Chief Information Security Officer

August 26, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the appointment of Andrew Albrecht as Vice President and Chief Information Security Officer. Albrecht will report directly to Maju Abraham, Senior Vice President and Chief Information Officer.  “We are pleased to welcome Andrew to the IAA Team,” said Maju Abraham, Senior Vice President & Chief Information Officer of IAA. “Andrew […]

Filed Under: News Tagged With: Insurance Auto Auctions, People

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