Warm an 8 quart stock pot over medium-high heat, drizzle olive oil into warmed pan and add sausage; brown sausage for about 2 minutes. Stir occasionally. Meanwhile; dice onion and add to pan. Stir to combine. Mince or press garlic and add to pan. Continue stirring occasionally. Chop peppers and add to the pan. Cook until peppers are crisp tender about 6-8 minutes. Add tomatoes and stir bottom of pan to remove any bits that are stuck. Add broth and tomato paste. Bring to a boil. Add pepper, basil and parsley. Allow to boil for 10-15 minutes. Serve and enjoy!