The Danbury Titans hockey team will cease operations after two seasons, effective immediately.  Owner Bruce Bennett said the decision was made with a heavy heart, but that after reassessing the cost of workers' compensation insurance in the State, it was no longer financially feasible to continue. 

Bennett said the worker's comp rate was 36-percent.  New York, where he once had a team, has a 15-percent rate.  In Michigan, it's 8-percent.

Bennett spent the last few months trying to renegotiate with a worker's comp insurer, but that didn't work and he didn't want to raise ticket prices.  Last season's injury list was long.  Bennett said he would never put Titans staff and players on the ice without proper medical coverage.

Tickets holders who put down deposits with the Titans will be contacted about refunds.

He went on to say that he thought this could be a long-term venture with a lot of success when it was launched.  Despite not winning a championship, he remains proud of the players and their commitment to the community.