Yes, i did buy a new tire today, and put a new tube in also. The tire probably had less than 1000 miles on it, so not a lot of wear at all. The max psi on the tire is 116, and based on my weight, I usually fill all the way. Perhaps i overinflated today but I'm not sure why the bead was partially exposed.
My little planned 1 hour ride turned into an all day event!