To simulate the dynamics of structural deformation and fracture caused by fluid-structure interactions accurately and efficiently, a strong coupling between the peridynamic model and the lattice Boltzmann method using the immersed boundary method is developed here. In this novel method, the peridynamic model predicts structural deformation and fracture, the cascaded lattice Boltzmann method serves as the flow solver, and the immersed boundary method is to enforce a no-slip boundary condition on the fluid-solid interface. The strong coupling is achieved by adding velocity corrections for the fluid and solid phases simultaneously at each time step, which are calculated by solving a linear system of equations derived from an implicit velocity correction immersed boundary scheme. Therefore, this new scheme based on the immersed boundary method eliminates the need to iteratively solve the dynamics of the fluid and solid phases at each time step. The proposed method is rigorously validated considering the plate with a pre-existing crack under velocity boundary conditions, the sedimentation of an elastic disk, the cross-flow over a flexible beam, and the flow-induced deformation of an elastic beam attached to a rigid cylinder. More importantly, the structural deformation, crack formation, and fracture due to interaction with the fluid flow are captured innovatively