Heat oven to 375°F. In large skillet, combine all ingredients except biscuits; mix well. Bring to a boil. Reduce heat; simmer 6 to 8 minutes or until vegetables are tender and sauce is slightly thickened, stirring occasionally.
Spoon hot kielbasa mixture into ungreased 12x8-inch (2-quart) glass baking dish.
Separate dough into 5 biscuits. Cut each in half; arrange, cut side down, around outside edge of hot mixture.
Bake at 375°F. for 14 to 18 minutes or until biscuits are deep golden brown.