Preheat the oven to 350
In a cast iron pan, brown ½ lb of bacon, set aside
Drain grease and add ground beef and remaining bacon (chopped) to the pan to cook.
When about halfway cooked through, add diced onions and peppers. Cook for about 5 minutes or until the meat is no longer pink and the vegetables are soft
Bring to a simmer for 5 minutes and transfer to a baking dish.
Crumble the bacon that was set aside and sprinkle on top. Cover with foil and bake for 40 minutes.
Uncover and bake another 10 minutes. Remove from oven and allow to cool for 10 minutes before serving.