yes i have the update already. Installed yesterday
Because of your post I have Bridge a try. I'm finding the latest build of Bridge extremely slow and unresponsive. I've only used the Browse Presets a couple of times in the past few years because I find it a time waster and it has not worked as I though it should for the past several years.
Try applying the same animation preset from the Effects and Presets panel in AE. If it works then you have a compatibility / permissions and associations issue with Bridge and your version of AE. Uninstall and re-install and check again.