I am not sure what triggered this October 2014 thread to surface toward the top of the threads here today (December 30, 2014), but significant
advance on this issue has been made since the last posts in this thread back in October 2014.
The cause of the Premiere Elements 13 No Disc error is pointing to the OldFilm.AEX file as being at the core of the issue. Deletion or disabling this file has been the fix recently for many Premiere Elements 13 reporting this problem.
See PRE_help's direction to "Program Files\Adobe\Premiere Elements 13\Plug-ins\Common\NewBlue\OldFilm.AEX"
ATR