Please open your debug.err file in notepad, and link the contents into a post here via pastebin. This will give us some technical information that can help troubleshoot your problem.
The file can be found in My Documents\My Games\Elemental
Be sure to copy the debug immediately after the error occurs; if you start the game again, the debug log will be erased and recreated for the new session.
If there was a dump zip created in C:\ProgramData\Stardock\Elemental - War of Magic (C:\Documents and Settings\All Users\Application Data\Stardock\Elemental - War of Magic on Windows XP), please post it via drop.io.