Creating new material crashes Blender 2.75 in Windows 8.1

I have a brand new Windows 8.1 machine. When trying to create a new material in Blender 2.75 the program simply closes - no error message, nothing. Not sure how to troubleshoot this. I am very new to Blender, only been using it for about a month.

I have not found a solution to this in 2.75. However, installing the previous version, 2.74, works fine.