As of the second quarter, IAA reported the share of negative equity transactions held steady at 52.1% and remained at a three-year high.

Suburban Chicago automobile marketing firm IAA Inc. said it's purchased Synetiq, a salvage and vehicle dismantling company based in the United Kingdom, for $310 million (U.S.). Westchester-based ...

KAR Auction Services leaders say spinning off the company's salvage auction unit — now set for completion in June — will help each of its auction businesses be more focused while returning ...

Late last month, KAR Auction Services (NYSE: KAR) announced that it would spin off its salvage auction business Insurance Auto Auctions (IAA) as a separate, publicly-traded company.

IAA will focus on the salvage vehicle marketplace serving insurance carrier sellers and a network of buyers including dealers, vehicle and parts recyclers and metal scrapping companies.

IAA successfully amended Texas Senate Bill 1095, benefiting the salvage industry by revising licensing requirements for salvage dealers and insurance companies.

KAR Auction Services will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on separate priorities and boost shareholder value.

B] Insurance Auto Auctions Inc. IAA (Spin-Off) KAR provides salvage/totaled car auctions primarily for insurance companies under its IAA business.

KAR Auction Services (KAR) leading provider of whole car and salvage vehicle auction services and technology-enabled solutions, announced separation of its Insurance Auto Auctions (IAA) salvage ...

Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on their ...

Ancora Holdings Group, LLC today released the below letter that has been sent to IAA Inc.’s Board of Directors. *** March 15, 2022 Members of the Boar ...