I too thought that might be the issue which was worrysome given laptop is new. Problem resolved without decrypt/disk repair. Ran HP Software Update utility. Upon reboot, problem gone. Not sure which HP update fixed. FYI, Windows was up to date before installing PGP Desktop. For the record, here is the disk info:
HP EliteBook 850 G1 laptop w/Seagate drive ST1000LM024-HN (SAMSUNG Spinpoint M8 ST1000LM024(HN-M101MBB) 1TB 5400 RPM 8MB Cache SATA 3.0Gb/s 2.5" Internal Notebook Hard Drive)
C:\Program Files (x86)\PGP Corporation\PGP Desktop>pgpwde --enum
Total number of installed fixed/removable storage
device (excluding floppy and CDROM): 1
Managed disks:
Disk Group e01b4f49-cb06-4e41-9601-f834c75bc3b2:
Disk 0 has 3 online volumes:
volume C:\ Windows is on partition 2 with offset 2101248
volume D:\ HP_RECOVERY is on partition 3 with offset 1924395008
volume E:\ HP_TOOLS is on partition 4 with offset 1949315072
Request sent to Enumerate disks was successful
C:\Program Files (x86)\PGP Corporation\PGP Desktop>pgpwde --status --disk 0
Disk 0 is instrumented by bootguard.
Current key is valid.
Drive encrypted
Total sectors: 1953520065 highwatermark: 1953520003 reserved start sectors: 62
Failed login attempt lockout enabled. Max failures=15
Request sent to Disk status was successful
C:\Program Files (x86)\PGP Corporation\PGP Desktop>