Pre-heat the oven to 325?F.
Heat a large, high-sided skillet or Dutch oven over medium to medium-high heat with the olive oil, a couple of turns of the pan. Add the sausage and crumble and brown it for 3-4 minutes, then add the peppers, onions and garlic and season with salt and pepper. Cook for 5 minutes more so that the vegetables start to soften.
Add the tomatoes, stock and bay leaf, then stir and bring up to a boil. Add the shrimp and cover with a tight-fitting lid. Cook for 5 minutes, then uncover and stir in the basil and parsley. Turn off the heat.
Crisp the bread in the hot oven. Serve in shallow bowls with crusty bread alongside for mopping.
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