This dialog box lists the following information:
Full filename of current WinZip: note the exact drive and folder information.
Current Zip association: this field should include the EXACT name of the "current WinZip" shown above. If this filename is different it is possible that you have two copies of WinZip® installed in different folders. In this case you will probably want to remove the older copy.
Current registry value of the Zip key: this value should be "WinZip".