If you go to Insert > Float > Figure Wrap Float, it does not float by default. The two "Float" words in that process led me to assume that it would wrap by default. One must go to settings and click on "Allow floating". I was surprised by this because it is different from how we handle the other floats.
A quick look at the Embedded Objects manual provided no explanation that the floating needs to be set manually. It is not a matter of respecting the defaults, because the figure placement is a required argument and that is what determines the floating. I took a look at the wrapfig manual [1] and I see << The ability to float is somewhat restricted, and you will get best results by giving exact manual placement, but floating is more convenient while revising the document. Any changes to the formatting can ruin your manual positioning so you should adjust the placement just before printing a final copy >> But one can always get better results with manual placement of floats (assuming everything else is constant), so I don't think this is any different here. Any thoughts? Scott [1] http://texdoc.net/texmf-dist/doc/latex/wrapfig/wrapfig-doc.pdf
