Have you updated to the latest version of AVG? It was my impression that the issue was fixed in the latest update of the virus definitions.

I am using AVG Free and it was working up until tonight sometime. I am showing a problem with flashutil10a.exe and I noticed that when I go into my virus vault, it is there. I tried restoring it from AVG VV, and it wouldn't allow it. Then I tried to run my playlist online and it won't let me because it needs flashplayer, so I opened up Tskmgr and closed the flashutil10a.exe program and sure enough, it allowed me to play the playlist. What is going on, anyone know of a fix? It is getting to the point where I have to shut down all my Internet windows and restart them after shutting down flashutil10a.exe.

@anthony irvine -
I too believe that the latest version has had more problems than version 7.x. Techspot and others are now reporting that AVG will offer a free, one-year license for another recent false-positive.

@Arlie Hedges -
Have you noticed it happening again after updating to today's definitions?

ive just ran a scan an its came up in the scan also its started coming up on certain webpages i go on! have to say,,,, i feel stupid because before then new version was released i recommended avg to all my friends and now alls there seems to be error after error! come on avg makers!!! pull your finger out!!!

I am noticing this too, all of the sudden.
Whatever last night's virus definitions update contained is treating this as a threat, however, heal, quarantine and ignore all seem to have no effect on the process as AVG continues to prompt me on just about every new page load in my browser.
Not seeing much, if any info on the web about it though.
I am reasonable positive that it is a false-positive warning.