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Federal Deposit Insurance Corp. Chairwoman Sheila Bair warned bankers to brace for higher insurance premiums as banks continue to fail and the the FDIC looks for ways to boost reserves to required minimums. Addressing the Florida Bankers Association Thursday, Bair said 98 percent of banks that hold 99 percent of total bank assets are "well capitalized." But 10 FDIC-insured banks have failed this year, and Bair warned of more failures to come. Defaults are rising across all types of loans, with residential mortgage loans accounting for the largest share of the increase in the second quarter, Bair said. The Mortgage Bankers Association today said the delinquency rate for all residential mortgage loans stood at 6.41 percent at the end of the second quarter, compared with ...