When I check my FW version, it says I have 1.00A. Is it just because I have a European version and CHDK will run just fine or it's more serious and I may damage my camera trying to load CHDK?
The 1.00C version of CHDK for the A1100 might work - sometimes that happens if the changes between firmware versions are minor. If its doesn't, then your camera will typically just hang, requiring removal of the battery to get it restarted. There is some risk that when it hangs, something bad could happen but the risk is small based on experience with other cameras.
If so, should I somehow update my camera to 1.00C?
Unless Canon provides an official update, there is no way to do this. Sorry.
So if using the 1.00c version does not work, you will basically have to create a port yourself or wait for somebody else to do one.
link> CHDK FAQ : My camera isn't ported yet