Step 1: Grease an 11 x 7 or a 13 x 9-inch baking dish. Heat oil in a medium skillet over medium-high heat.
Step 2: Season the chicken with salt and black pepper then brown in oil about 3 minutes per side; remove to a plate.
Step 3: In the same skillet saute the onion and bell pepper until softened (about 4 minutes). Add in the garlic and saute for 1 minute. Stir in tomatoes with their juice, broth, rice, chili powder, cinnamon and cumin; bring to a bowl stirring constantly, Transfer the rice mixture into the baking dish, then top with the browned chicken.
Step 4: Cover and bake in a preheated 350 degree F oven (lowest oven rack) for 40 minutes. Uncover and spoon the picante sauce over the chicken then sprinkle with cheddar cheese and olives. Return to oven (uncovered) for another 15-20 minutes.
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