codeblocks.exe has stopped working

When I create a new project in Codeblocks, I run through the prompts, select a folder, etc. and after clicking Finish I receive this error:

codeblocks.exe has stopped working  
A problem caused the error to stop working correctly.  Windows will close the program and notify you if a solution is available.    

Then codeblocks shuts down.

I can open existing projects but I’m unable to start new projects.
I’m using Codeblocks 10.05 MinGW on Windows 7.

Any help is greatly appreciated.