Has multiple functions, most often heard in Coastal Southern California (between Santa Barbara and San Diego).
A) Predominantly used by males in describing attractive members of the opposite sex. Usually used in reference to a girl one is interested in, is in a relationship with.
B) Used in asking about another's situation - most often as it pertains to the opposite sex, but can also be used in asking how one is doing in general.
A) There were so many claims at the beach today, I had to lay out face down.
B) I'm going up to LA on Saturday Night. What's your claim?