Delasin started the final round just three strokes behind Annika Sorenstam but failed to get her game going and settled for that one-over card for a 54-hole aggregate at the Kona Country Club course.
That was eight strokes behind Kanes winning 205 as the Canadian ace sizzled with a six-under par 66 to spoil the much hyped-up Sorenstam-Karrie Webb showdown. Kane beat Sorenstam, who shot a 70, by two strokes for her fourth victory in seven months.
Cristie Kerr carded a 69 to finish third at 208, while Pat Hurst (69) and Swede Maria Hjorth (67) tied for fourth at 209.
Webb, who beat Sorenstam in a playoff last year, shot a 71 to finish sixth at 210.