Dice the onion and bell peppers, and mince the garlic.

In a large pot, brown the ground beef over medium heat until fully cooked.

Add the diced onion, green and red bell peppers, and minced garlic to the pot. Sauté until the vegetables are tender, about 5 minutes.

Stir in the beef broth, diced tomatoes, water, Italian seasoning, salt, and pepper.

Bring the mixture to a boil, then reduce heat and let it simmer for 20 minutes.

Add the uncooked rice and cook for an additional 15 minutes, or until the rice is tender.

Taste and adjust seasoning if necessary. Serve hot, garnished with fresh herbs if desired.