Errors Occurs when dropping TImage onto a form

I get a Windows error popup that has:

"DELPHI32 - An error has occurred in your program. To keep working anyway
click ignore or close to exit"

The TImage control works in 256 colors on my notebook but does not work in
16 or 32 bit color settings on an IBM ThinkPad 770ED. I have the latest
video drivers loaded as well. You must keep hitting the Ignore button to get
past the problem. As you hit the Ignore button you can see each side of the
TImage control being drawn using the Dashed lines until it is full drawn.
Once you click on the control to move it again later you get the same error.

However, if the control is partially hidden by another control the problem
does not occur.

Any Ideas?
Rich Simpson