3.0000 inch OD bearing fit in a 2.9980 in ID bore in a massively stiff housing so the bearing takes it all.
new bearing OD = 2.9980
change in diameter = 0.0020/3.0000 = 0.00067 inches/inch
E steel = 30,000,000 psi
Stress = E x strain
stress = 30,000,000 x 0.00067 = 20,000 psi
using circumferences would be proportionally the same.
Note bearing insert/race section area does not enter into it, but would determine how hard the bolts must squeeze to just close the housing's parting face gap