In a large skillet over medium heat, cook the bacon pieces until browned.
While the bacon cooks, add the remaining ingredients to a slow cooker. Stir in the bacon and its fat, then add the bay leaf.
Cook on "low" for 6 to 8 hours.
Remove the bay leaf, and scoop out a ladleful of the stew liquid into a small bowl. Add the arrowroot flour & whisk until smooth. Pour it back into the slow cooker, stir well, and continue to cook for 20-30 minutes or until thickened.
Serve hot & store leftovers in the refrigerator. Enjoy!