This tutorial shows how to wrap text around an image using WordPress version 2.5 or later. It also shows how to insert an image and align it (position it to the left, right or center). In earlier versions of WordPress, you had to use the Code (HTML) editing window to insert a bit of HTML (using cascading style sheets) to get the text to wrap properly.
Wrapping text around an image has been improved in WordPress 2.5 or later. You no longer need to use HTML code. Instead, you can use the Add an Image dialog box to specify image alignment, and this does a good job of wrapping text.
If you have already inserted an image, and you decide you want to wrap text around it, you can use the Image Editing dialog box to set image alignment, which has the same nice effect on text wrap.
How to Position an Image and Wrap Text Around an Image Using WordPress 2.5+