Prepare rice according to package directions for 2 cups of cooked rice. Set aside.
In a large stockpot over medium-high heat, brown the vegan ground beef, using a spatula to break up any clumps.
Add the peppers and onion. Cook for 3 minutes, stirring frequently. Add the garlic and continue cooking for an additional 1 minute.
Stir in the diced tomatoes, beef-style broth, tomato sauce, Italian seasoning, and black pepper.
Cover and simmer on low heat for 30 minutes, stirring occasionally.
Stir in the cooked rice, adjust seasoning to taste, and serve hot.