Unreal Engine is exiting due to D3D device being lost. (Error: 0x887A0006 - 'HUNG')

I had the same problem when I clicked on some materials and textures.

What worked for me was closing Steam and reopen UE4.

It seems like Steam or something from Steam is in conflict with my Unreal Editor. :))
I would really like to see an explanation from a dev to that. :))