This bug has proven to be perfectly repeatable on my system. I'm using the LabVIEW Core 3 Course Project to reproduce:
1. Open the block diagram of a VI with while loop or case structure whose Subdiagram Label is visible.
2. Drag a VI or control from the project explorer onto the block diagram.
3. Drag the VI over a Subdiagram Label, then away from it.
RESULT: Object is ready to be dropped until you drag over a Subdiagram Label; after this the object cannot be placed, as though it is always in an invalid location. See attached pictures.
I'm using LV 13.0f2