Word wrap undoing itself?

Any time we've imported PowerPoint courses into Storyline we have to resize the text boxes to get everything squared away on the slide. That's understandable, but later after I've saved, quit, and reopened my project to get back to work, the word wrap has undone itself but the text box is where I left it. Any idea why?

 See the attached image, the words go off the slide but you can see where I have the text box set. Is there a way to toggle word wrap on and off? The only fix I've found is to cut my text and paste it into a new text box, there's got to be a better way!

Thanks!