The average policyholder will see their premiums increase by $174 annually, or $14.50 per month, according to the filing.

This is just the latest in a string of increases as the Northbrook-based insurance giant seeks to restore profitability to a business that, not too long ago, wasn’t only a money maker but also led the industry in terms of profit margins.

When the new rates at Allstate Fire & Casualty Insurance, Allstate’s largest auto unit in Illinois, take effect next month, average annual premiums will have risen $760, or $63 a month, to $2,464 from $1,704 at the outset of 2022, according to filings.

An Allstate spokesman didn’t respond to a request for comment.

Wilson last month told investors the company would have to continue to raise prices throughout the U.S. in the face of inflationary pressures it’s struggled to get ahead of. “We may end up overshooting a bit, I don’t know,” he said.

Given rate hikes in its home state that have been steeper than rivals like Bloomington-based State Farm and Progressive, based in the Cleveland suburbs, Allstate hasn’t lost many policyholders. Allstate Fire’s policy count with this latest rate filing is 364,376, down 1.3% from 369,191 a year ago, according to filings.

Allstate is the second-largest insurer of cars after State Farm in Illinois, with more than 9% of the market in terms of premiums in 2021, according to the National Association of Insurance Commissioners.

Allstate Fire & Casualty alone had 7.4% of the Illinois market in 2021, according to the Illinois Department of Insurance.

It’s not just auto policyholders that are seeing hefty rate hikes from Allstate. The company is set to boost homeowners insurance rates in Illinois by 23% beginning next month.

Allstate’s rate hikes have provoked ire in Springfield, with some lawmakers vying to give the Illinois Department of Insurance authority to approve or deny rate hikes. Regulators here have next to no say over how much insurers charge—an unusually hands-off regulatory regime compared with other states.

With both State Farm and Allstate headquartered here and each employing thousands, the industry easily has beaten back efforts to strengthen regulations in the past.